Approach Plan governance proactively
As a plan fiduciary, you have many responsibilities that can expose you to legal liability. Our job is to minimize your exposure to any legal recourse that can be easily prevented with a proactive approach. Under ERISA law, a fiduciary is required to act prudently and in the sole interest of the plan participant to diversify plan investments and to act in accordance with the plan documents.
At first glance, being a plan fiduciary may seem like a burden, but it’s one we aim to alleviate by serving as fiduciary through Kestra Advisory Services, LLC. In this capacity, we work side by side with plan sponsors to ensure fiduciary obligations are always met by implementing a highly disciplined process based on global fiduciary standards.
— 2016 401khelpcenter.com
Phase One: Developing a foundation
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Identify or establish Investment Committee
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Review all existing documents
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Examine plan design
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Draft Investment Policy Statement (IPS)
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Document prudent processes
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Draft Education Policy Statement
Phase Two: Plan Maintenance
Comprehensive Retirement Plan Services
Plan Benchmarking
Education Programs for Plan Sponsors and Participants
We develop customized education programs that help sponsors understand their responsibilities and participants make informed investment decisions.
Investment Due Diligence
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