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Two Approaches to Benchmarking Plan Fees


Two Approaches to Benchmarking Plan Fees
A quick comparison of prices paid by plan sponsor peers can let a sponsor know if it should issue an RFI or RFP.
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Benchmarking retirement plan fees has become more complex in recent years, as it has moved beyond just scrutinizing recordkeeping and administrative fees, Audrey Wheat, senior specialist, vendor analysis at CAPTRUST, tells PLANSPONSOR.
“Because those fees have been compressed so much, we are paying attention to all of the ancillary fees transaction fees, material fees for fulfillment and printing, adviser or consultant fees, and fees having to do with managed accounts and advice,” Wheat says. “Plan sponsors need to make sure that all of the fees they are paying are reasonable.” ....

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Fiduciary Benchmarks rebrands as Fiduciary Decisions and optimizes organizational alignment


Fiduciary Benchmarks rebrands as Fiduciary Decisions and optimizes organizational alignment
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Fiduciary Benchmarks (FBi) announced today that it is rebranding itself as Fiduciary Decisions (FDI) in recognition of the expansion and broadening of its mission and service offering. In addition, the FDI organization is being realigned to better serve both existing and new clients through a reengineered focus on client success, product development and research. http://www.fiduciarydecisions.com
Fiduciary Decisions
Today, we start a new journey as Fiduciary Decisions. This is not just a rebranding but a recognition that we have leveraged our core competency of building decision support systems to help service providers and plan sponsors better manage their retirement plans. Tom Kmak CEO of Fiduciary Decisions ....

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