How do you know if you need help?

As a sponsor and fiduciary to your company’s 401(k) plan, you have a responsibility to help ensure plan performance and success. The quality of your 401(k) plan will impact your employees’ ability to retire well. Here are a few questions to help you evaluate how you are meeting your fiduciary responsibilities:

  • Are your plan’s fees reasonable and competitive with the marketplace? Are you able to show documentation of this?
  • Have you benchmarked your plan in the past two years to compare the cost, services, and investment opportunities?
  • Do you have a process to evaluate, select, and monitor fund performance? Is it documented?
  • Are you encouraging participant enrollment and providing adequate education?
  • Have you verified that your plan is ERISA compliant?

Spicer Retirement Advisors strives to reduce costs, maximize efficiency, reduce fiduciary liability exposure, and provide a successful investment experience for you and your plan participants.

Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Spicer Retirement Advisors, LLC are not affiliated.

This communication is strictly intended for individuals residing in the states of KS, NM, OH, OK, & TX. No offers may be made or accepted from any resident outside the specific states referenced.

Spicer Retirement Advisors, LLC • 3333 NW 63rd Street Suite 108 • Oklahoma City, Oklahoma 73116 • Phone: 405-607-5100