Plan Sponsors
SFP Wealth’s services for plan sponsors includes: 3(21) and 3(38) fiduciary services, investment selection and due diligence, plan design, plan acquisition and transition oversight, vendor evaluation and search (RFP), creation of investment policy statement, establishing an investment committee, educate investment committee on fiduciary roles and responsibilities, conduct regularly scheduled plan review meetings, documented trail of decision-making process (formal meeting minutes), plan benchmarking, flexible asset-based and flat-fee compensation arrangements, private equity portfolio company support, and controlled groups coordination in partnership with local ERISA counsel.
Plan Participants
While plans can look very different, the need for professional oversight, ongoing employee education, and completely independent objective advice remain constant. SFP Wealth’s services for plan participants includes: evaluating plan metrics and employee demographics, design a custom financial wellness program, conducting on-site and/or virtual meetings (employee enrollment meetings, education group seminars, one-on-one participant consultations), creating an education policy statement, and assisting terminated employees with options.
