Optimize Your 401k Plan for Maximum Efficiency and Compliance
Transform Your 401k Plan with Expert Benchmarking - Greater Compliance, Competitive Fees, and Optimal Investment Choices Await You!
Comply with the DOL and Benchmark you plan by a third-party.
You should benchmark your plan every year. You should use a third-party to make sure you are protected and relieved of liabilities. Do not be responsible if you do not have to. Just because you sponsor the plan, you do not have to be responsible for the management. We have been in the business for over 28 years.
Optimize Your Retirement Plan Today
Explore Services That Enhance Your Retirement Plan’s Efficiency and Compliance
Comprehensive Plan Performance Assessment
Evaluate your 401k plan for regulatory compliance, performance, and competitive advantage, pinpointing enhancements and ensuring it aligns with industry best practices.
Fee Structure Analysis
We analyze all associated fees, provide complete transparency on costs, and suggest ways to optimize and potentially reduce expenses for your plan.
Investment Options Analysis
Evaluate and benchmark your plan’s investment options against market competitors to ensure they meet participant goals and industry standards.
Regulatory Compliance Support
Provider and Plan Analysis: We assess your plan's strategies and the efficiency of service providers, suggesting improvements for better management and outcomes.
Testimonials
Jasmine Richards
Finally understood our 401k strengths with their sharp Plan Assessment. The Investment Option Evaluation really opened our eyes to better possibilities! Total game-changers.
Monica Chandler
Tried various services, but 401k Benchmarking's investment evaluation and fee analysis truly stood out. Clear, comprehensive, and honestly, a step above the rest. Worth every penny.
The compliance guidance from 401k Benchmarking is straightforward. It’s hassle-free, keeps us informed and compliant without any drama. Good peace of mind service.
FAQs
Get Answers to Your Key 401k Benchmarking Questions Here
What is 401k Benchmarking?
It's the process of reviewing and comparing your company's retirement plan against industry standards.
Why should our company benchmark its 401k plan?
Benchmarking ensures your plan is competitive, enhances features, and maintains regulatory compliance.
How often should we conduct a benchmarking review?
We recommend benchmarking your 401k plan at least every three years or after major changes.
What information do we need to start 401k Benchmarking?
Provide plan documents, fee structure, investment options list, participant demographics, and recent compliance reports.
What information do we need to get started with 401k Benchmarking
Provide details about your current plan, including plan documents, fee structure, investment options, participant demographics, and compliance reports.
Can 401k Benchmarking help our company reduce plan costs?
Yes, by analyzing your plan's fee structure, we can identify opportunities to negotiate lower fees or suggest cost-effective alternatives.