Client Portal
|
Client Relationship Summary
Contact Us

Fiduciary Oversight for Retirement Plan Sponsors

Structured oversight to help you fulfill your fiduciary responsibilities.
Fiduciary oversight involves regularly reviewing your plan, understanding its costs, and documenting the decisions you make along the way. We help you create a consistent process for monitoring investments and fees so your retirement plan is managed thoughtfully and responsibly.

Where Fiduciary Oversight Matters Most

Fiduciary oversight provides structure to how your retirement plan is reviewed and maintained. Strong oversight becomes especially important when your organization is:
  • Unsure whether current plan fees remain competitive
  • Reviewing or updating its investment lineup
  • Forming or formalizing a retirement plan committee
  • Concerned about fulfilling fiduciary responsibilities
  • Seeking to reduce administrative burden and uncertainty

How We Support Plan Sponsors

Effective oversight requires clear processes for monitoring investments, reviewing fees, and documenting decisions.

Investment Monitoring

Reviewing investment options through a consistent process and making changes when criteria are no longer met.

Fee Review and Benchmarking

Evaluating recordkeeping, investment, and advisory costs against comparable plans to ensure fees remain reasonable.

Committee Support and Documentation

Supporting retirement plan committees with structured reporting and clear documentation of decisions.

Consistent, Independent Oversight

Fiduciary responsibility requires more than periodic reviews. It requires discipline, independence, and a commitment to process over reaction.

Process Over Reaction

We rely on predefined criteria rather than short-term market noise when evaluating plan decisions.

Independence and Objectivity

Our recommendations are grounded in your plan’s best interests, not product incentives or external pressures.

Shared Accountability

We help clarify roles and responsibilities so fiduciary duties are understood, documented, and consistently fulfilled.

Frequently Asked Questions

What is the difference between 3(21) and 3(38) fiduciary services?
Under 3(21), we provide investment recommendations and you retain final decision authority. Under 3(38), we assume discretionary authority to select and replace investments on your behalf.
Most plan sponsors review fees every two to three years to ensure costs remain reasonable and competitive.
No. Fiduciary oversight doesn’t eliminate market risk, but it helps demonstrate a prudent, well-documented decision-making process.
We monitor investments using defined criteria. If an option no longer meets our standards, we follow a structured review and replacement process.
Many organizations maintain a committee to support governance and documentation. We help provide structure and reporting to guide those meetings.

Related Blogs