Features
Many industry providers only offer fiduciary support to plan sponsors regarding the selection, monitoring, and the replacement of investment options within the plan; however, this only covers a portion of fiduciary compliance. Comprehensive support encompasses all components of a plan – introducing Plan Guardian.
Applying uniform standards of care and qualified prudent processing protocols, Plan Guardian offers a protective shield around a plan sponsor’s named fiduciaries and functional fiduciaries.
PLATFORM OF SERVICE
Plan Guardian is comprised of accredited and bonded independent
service providers acting in concert creating an objective conflict free
environment placing the needs of the plan first. Simply stated Plan
Guardian means…
Advocates for the Participant.
From the very beginning, and continuing year after year, Plan Guardian
clients enjoy accurate, timely and efficient services , including:
- Co-Fiduciary Status
- Plan Design & Implementation
- Investment Selection/Monitoring
- Administration & Recordkeeping
- Compliance & Reporting
- Trust & Custody
PLATFORM OF BENEFITS
Fiduciary protection realized: more than just words, Plan Guardian’s suite of services and reports is a tangible benefit to plan sponsors that includes:
Plan Gateways (online access)
Governance and oversight are woven into our recordkeeping technology allowing collaboration, documentation, effectiveness and flexibility regarding administrative processes. Plan sponsors and participants can take advantage of the comprehensive online functions that permits total management of the plan or their individual accounts.
Investment Review Committee (IRC)
The IRC acts in a co-fiduciary capacity over the plan investments and oversees a stringent selection and monitoring process. The IRC provides an
« Investment Policy Statement (IPS) and detailed quarterly Investment Policy Monitoring (IPM) reports.
Chec(k)Point (ERISA compliance review)
This annual checklist provides a review of whether the operation of the plan is in compliance with DOL, IRS and ERISA guidelines, and determines if the appropriate procedures are in place to fulfill the company’s fiduciary obligations, and most importantly, that these procedures are being executed.
« Download
RetireTrac (benefit analysis)
Knowing what today’s plan statistics mean for tomorrow’s retirement benefit is vital for maintaining a healthy plan. RetireTrac provides each participant a benefit analysis with recommendations on improving their chance for success. This data is summarized in a benefit diagnostic report for monitoring savings and investing behaviors giving plan fiduciaries actionable insight for improving the plan benefits. Download a sample of the RetireTrac
« Plan Report or
« Employee Report.
(k)NOWLEDGE (communications program)
Plan Guardian wants plan sponsors to achieve the comfort of the protections against liability for participant investment decisions that ERISA §404(c) can provide. Proactive communication to participants regarding diversification, investment options, plan expenses and retirement planning is just one of the key ingredients in §404(c) status. Our comprehensive communications program is comprised of both printed and online materials including enrollment guides, quarterly mailed statements, personalized benefit analysis (mailed and online), eLearning Courses, tutorials, planning tools, calculators and a FAQs + Glossary section, for both plan sponsor and participant. Download a sample of the
« Enrollment Guide
