Discover How We Helped One Client Reduce Their Retirement Plan Fees by 30%
When offering your plan directly with a qualified plan provider, many employers are not aware of what they might be missing. As a result, we often find that many Plan Sponsors are paying more and receiving less.
Innovative’s experience allows us to assist and educate our clients on the most effective ways to negotiate better fees and receive additional services.
We have found that:
- Many plans are often overpriced – we have been able to reduce fees in some cases by 50%.
- Additional services at no charge – we’ve been able to add more services, such as -hardship distribution services, QDRO services, and Annual Required Notice Distribution Services (SAR, QDIA, 404(a)(5)).
- Administration and recordkeeping savings- we are also able to free up funds to add advisory services, proving further fiduciary protections for plan sponsors and resources for participants.
The reality is, we have been able to reduce administrative costs and improve services on a number of plans.
As a CEFEX certified advisor, let us show you how you can lower your costs and improve your plan through our 15-minute call analysis.
Contact Innovative Investment Fiduciaries at resources@iifira.com for a free, no obligation review of your plan!
