Employer’s Strategic Objective
The employer’s strategic business objective for offering a plan is the central theme of the Blueprint.
Monitor
To comply with ERISA 404, employers must monitor all service providers, ensuring the best interests of participants is served.
Assemble The Team
Only after proper governance and oversight procedures have been established can the team be assembled.
Define Target Benefit Outcomes
Defining the target benefit outcomes at retirement is essential to achieving the employer’s strategic objective of the plan.
Governance & Oversight
The Employee Retirement Income Security Act of 1974 (ERISA) established governance and procedural standards; mandating an expert level of oversight.