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Comprehensive Investment, Cost, and
Service Analysis.
As the federal
probe into securities abuses by mutual funds continues and
with the national press questioning the hidden cost of 401(k)
and other retirement savings plans, it is no surprise that
plan sponsors are doing everything possible to ensure that
they are fulfilling their fiduciary obligations established by
ERISA. Many are
asking the following questions:
The Glading
Group is ready to partner with plan sponsors of all sizes to
help them fulfill their fiduciary obligations
by answering these and other questions. We
conduct comprehensive evaluation and assessment of
retirement savings programs, and identify and prioritize
investment, service, and cost savings opportunities consistent
with plan sponsor objectives and fiduciary obligations.
What we
do:
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Evaluate plan documents,
SPD’s, 5500’s, audited financial statements, service
agreements, and demographic detail.
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Analyze and assess
investment portfolios and identify, if
necessary, investment alternatives.
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Identify revenue sharing
dollars received by service providers from the investments
in the plan, special fee arrangements including wrap fees,
and broker commissions.
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Identify hidden
fees.
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Determine service
provider’s internal costs based on plan complexity and our
knowledge of provider practices.
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Assess reasonableness of
fees paid for investments and administrative
services.
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Identify cost savings
opportunities.
Results:
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Fulfillment
of fiduciary obligations.
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Lower
investment expense ratios.
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Utilization
of best in class services.
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Enhancement
of participant returns.
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Ensure
reasonableness of all fees.
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Increase
participant satisfaction.
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