Recordkeeper Transformation
The client had a multi-decade recordkeeper relationship, but needed to increase the participant retirement readiness, re-designing investment and administrative service options, and establish appropriate and transparent fees.
Ongoing OCIO Oversight
The client had an existing provider and desired to do due diligence, consider additional investment and service options, and benchmark fees.
Adopting the OCIO Model
The client’s current state consisted of fragmented managed accounts implemented partially internally by staff and some externally by various brokers, some on a discretionary and some on a non-discretionary basis.
Fee Disclosure: Negotiating Fee Reductions
The client was aware of fee disclosure regulations regarding the reasonableness of provider fees and knew they should work to lower their plan’s fees, but they didn’t know where to start.