Plan Benchmarking & Fee Discovery

The vendor review process can be time-consuming, confusing, and may lack transparency. Standard vendor-provided proposals seldom include enough information to fully determine administrative capabilities, fiduciary or employee services and adequate fee disclosure.

We use PLANSPONSOR to create an independent, unbiased provider analysis and benchmarking tool. It streamlines, validates and documents a prudent vendor section process.

Comprehensive Methodology

Customize your search according to the specific criteria most important to you. Ratings and consulting research cover the following categories:

Validate the Decision-Making Process

401(k) Searchpro provides access to the latest in provider search technology and research. It reduces the amount of time needed to review provider finalists, while considering all facets of their capabilities and rankings.

Fee Discovery - The one constant in the retirement plan industry is change. Washington is currently debating changes to Department of Labor Rule 408b-2, which could have a profound impact on how fees must be disclosed to plans and their participants. Currently, the varying level of fees is so complex that it is difficult for plan sponsors and fiduciaries to understand. To help our plan sponsor clients understand, we use a fee transparency tool that uncovers each of the plans various expenses.

With 401(k) Searchpro and 401k Advisors Intermountain, you gain access to the data you need to locate the most suitable provider for your plan.