If the DOL auditor asks: "How does the cost of your plan compare to other similar sized plans" could you answer the question? In other words, have you benchmarked your plan lately?
It is difficult to benchmark a plan unless you have unbiased access to many providers. It is not enough to know the fees they charge but also the services they provide for those fees. Failure to benchmark your plan could be costly and employee litigation is on the rise.
Ironwood Retirement Plan Consultants can assist you with the following:
Ironwood Retirement Plan Consultants is with you every step of the way.
Ironwood Retirement Plan Consultants
Office: 661-735-1558
Fax: 661-840-5571
5060 California Avenue, Suite 600
Bakersfield, CA 93309
Securities offered through Purshe Kaplan Sterling Investments, Member FINRA/SIPC., Headquartered at 18 Corporate Woods Blvd., Albany, NY 12211. Purshe Kaplan Sterling Investments and Barnes Wealth Management Group are not affiliated companies. Not FDIC insured. Not bank guaranteed. May lose value, including loss of principal. Not insured by any state or federal agency
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