RETIREMENT PLAN SERVICE COMMITMENT

Acting as a Fiduciary to your retirement plan, The Parker Private Wealth Management Group will help support your investment committee in the development and implementation of a structured retirement program. Leveraging a depth of experience and our firm’s robust capabilities, we counsel in all aspects of plan management to help ensure plan trustees meet their fiduciary responsibilities while providing education and guidance to assist employees in pursuing their retirement goals.

SUMMARY OF RETIREMENT PLAN SERVICES

Plan Design & Evaluation

  • Defined Benefit Pension Plan analysis
  • Defined Contribution / 401(k) Plan analysis
  • Portfolio Construction and Management Services
  • Review retirement plan design, structure, administrative mechanics and features to ensure the plan maximizes, owners and management’s goals and the needs of the participants
  • Compliance testing oversight
  • Platform, record-keeper, TPA vendor search and reviews
  • Plan Investment menu design and monitoring

Fiduciary Management

  • Named fiduciary to your plan
  • Plan fee reviews and benchmarking
  • Investment Policy Statement
  • Annual Plan Reviews
  • Fiduciary File and Fiduciary Checklist
  • Investment Performance Monitoring and Reviews
  • Department of Labor and ERISA Updates
  • Retirement Plan Industry trend updates and macro market condition briefings
  • Plan demographics and participation trend assessments

Participant Education

  • Education Policy Statement
  • Personalized investment and retirement planning education for employees (on site, over the phone and via WebEx)
  • Assist employees in building a personalized retirement plan using our comprehensive retirement planning process, Envision®