Provider Searches

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:

  1. Conduct an Initial Needs Analysis
  2. Develop a full RFP Questionnaire
  3. Compile responses/Spread sheeting
  4. Present Benchmarking Results
  5. Develop list of finalists
  6. Assist in final Vendor selection
  7. Document process for plan sponsor files

Ironwood Retirement Plan Consultants is with you every step of the way.

Call us today at: 661-735-1558
Or email us at: dontiveros@irpcsp.com