Request Your Free “Fee Compliance Kit” Below
401k participants - visit our Plan Participant page

Are you at risk of being sued? A recent Supreme Court ruling granted participants the right to sue plan fiduciaries.

ERISA “authorize[s] recovery for fiduciary breaches that impair the value of plan assets in a participant’s individual account.” – Supreme Court Justice John Paul Stevens

Clearly excessive fees can “impair the value of plan assets in a participant’s individual account” and puts plan sponsors at risk of potential lawsuits down the road. To exercise care and diligence as a prudent fiduciary, plan sponsors should evaluate the pricing of their 401(k) plan at least annually relative to other alternatives in the marketplace. But dealing with all of the sales pitches from the product vendors can be a hassle.

Fortunately, the Department of Labor has released a standardized DOL form that plan sponsors should require ANY retirement plan vendor to complete before engaging them. But, to be a prudent fiduciary and protect yourself from potential suits over fees, you need to do more than know your current vendor’s costs, you need to evaluate it relative to what is available
in the marketplace.

As an independent ERISA fiduciary we can help you comply with your fee due diligence, without the inconvenience of dealing with pushy product sellers by merely completing the simple form below or by calling
1-877-401K-ASK.

Your free “Fee Compliance Kit” comes complete with:

• Blank standardized DOL form for your existing vendor to complete
• Cover letter to your current vendor requesting fee disclosure verification
• Customized competitive fee analysis in DOL suggested format that you can use for:
  • Documentation of your research on competitive pricing for ERISA compliance
  • Avoiding the hassle of sales meetings with product vendors
  • Negotiating leverage with your existing vendor
  • Exploring alternatives to dramatically lower costs and improve personalized advice and service to participants

All information submitted below is confidential and subject to our privacy policy:

Important Links
401(k) Fair Disclosure for Retirement Security Act of 2007
FundGrades   Financeware   WealthcareCapital   Read Form ADVII