As a retirement plan sponsor, managing a plan for your employees can be a challenge that comes with significant fiduciary responsibility and liability. Shorepoint helps you create a successful corporate retirement plan for your organization while minimizing fiduciary risk for executives, owners, and HR professionals. Our team’s in-depth understanding of retirement strategies, prudent investment options, fiduciary responsibility, employee education and regulatory policies including ERISA Section 404(c) helps you execute a plan to provide optimal value and benefit for your employees. More importantly, Shorepoint offers objective investment advice to plan sponsors without the conflicts of interest created by the commission structure of traditional retirement plan brokers. We are also completely independent in our approach and therefore have no allegiance to any one retirement plan product or provider.
Our Corporate Retirement Services include:
Compare your plan’s services, investments, features, and fees to those of comparable plans in similar sized organizations
Plan Provider Evaluation
Evaluate bundled and unbundled retirement plan service providers, including record keepers, third party administrators, and legal and accounting professionals
Recordkeeping Platform Review
Being platform agnostic, we will recommend a recordkeeper that is suitable for your company’s needs such as Ascensus, Vanguard, Fidelity, etc.
Create and manage customized investment allocation models and provide an appropriate mix of asset classes and investment styles that can address the needs of participants with varied investment goals
Use objective, prudent processes to screen, select and monitor plan investment choices that are diversified and cost-efficient
Provide in-person enrollment and education services.
Act as a Co-Fiduciary on your plan and conduct annual Trustee review meetings to discuss the plan and help trustees understand and meet their fiduciary obligations.
Investment Policy Statement
Guidance on creating or modifying a formal IPS that defines specific processes to be used for evaluating, selecting, monitoring, and changing a plan’s investment options or asset allocation
Contact us today to learn how Shorepoint can customize a wealth management strategy for you.