Employers face unprecedented challenges, from labor shortages, increasing regulatory complexity, and vendor noise.
Stand out from the crowd. Differentiate your retirement plan practice through value-added consulting that help your clients solve their toughest challenges.
The common theme among plan advisors is a focus on fee benchmarking TPAs and record-keepers. This falls short of what employers need. At ERISA Consultants, we are committed to coaching and empowering our advisor partners so they can be the plan sponsor’s trusted advisor.
The end result is a consultative process that defines the plan sponsor’s objectives, establishes governance oversight, and targeted benefits for the most complex organizational structure.
Other firms claim to offer plan design services, but a cursory analysis of the data shows otherwise. It’s been our observation that there is no differentiation between the plan benefit formulas from the lowest paid employees to the C-suite executives. This means the benefits to the key employees and C-suite fall short of ensuring retirement readiness. They ignore the retirement income needs of the key groups; creating a sea-of-sameness.
We firmly believe plan sponsors deserve better, and we’re on a mission to change the way businesses use retirement plans.