Blog

How Often Should Plan Sponsors Review Their Plan Fees?

By Mark Olsen, Managing Director at PlanPILOT

If you’re a plan sponsor, you have a huge responsibility when providing retirement and healthcare plans to your employees. They rely on your integrity to help them build a solid financial foundation for their future. As a plan sponsor, you must act in the best interest of your employees, maintain their accounts, and make the best investment decisions to help them take care of themselves and their family. However, you might forget that one of the most important tasks is plan fee review. 

What We Do and How We Can Help

By Mark Olsen, Managing Director at PlanPILOT

Preparing for retirement is vitally important. You know that, and that’s why you offer a defined contribution plan to your employees. But the day-to-day management of that plan, staying compliant, and providing the support and education for your employees to maximize their benefit is a heavy load to carry. 

Engaging with an OCIO Consultant for Due Diligence Oversight

Oversight of the management of institutional asset pools, including foundations, endowments, retirement plans, corporate assets and reserves, is becomingly increasingly complex and challenging. It is all the more important to have rock-solid fiduciary oversight in place. More institutions are looking to service providers, such as due diligence consultants, to assist in meeting these responsibilities relative to their OCIO management and monitoring. 

Ways of Using an OCIO Consultant in Support of Due Diligence Efforts

Oversight of the management of institutional asset pools, including foundations, endowments, retirement  plans, corporate assets and reserves, is becomingly increasingly complex and challenging. It is all the more important to have rock-solid fiduciary oversight in place. More institutions are looking to service providers, such as due diligence consultants, to assist in meeting these  responsibilities relative to their OCIO management and monitoring. 

Leveraging an OCIO Consultant’s Database of Knowledge & Expertise

Oversight of the management of institutional asset pools, including foundations, endowments, retirement plans, corporate assets and reserves, is becomingly increasingly complex and challenging. It is all the more important to have rock-solid fiduciary oversight in place. More institutions are looking to service providers, such as due diligence consultants, to assist in meeting these responsibilities relative to their OCIO selection and monitoring.