ERISA Investment Fiduciary

We put our expertise to work to create investment solutions aligned with your plan objectives and can assume an ERISA 3(21) investment co-fiduciary role.

We work closely with you to build an investment lineup that offers strong performing, low-cost options.  We believe in full transparency of fees and recommend only institutional share classes of funds where available.

As your investment fiduciary, we provide the following suite of services:

  • Extensive review of investment recommendation/selection
  • Detailed analysis of total Plan expenses
  • Development and ongoing maintenance of Investment Policy Statement (IPS)
  • Quarterly monitoring of investments against screening criteria and industry benchmarks
  • Investment replacement when deemed necessary
  • Selection of Qualified Default Investment Alternative (QDIA)
  • Attend Plan committee meetings
  • Conduct employee education meetings
  • Fee benchmarking and assistance with vendor due diligence and RFPs
  • Oversee recordkeeper conversion when Sponsor elects to change
  • Periodic industry and market updates

For more information contact:

Rosemarie M. Panico-Marino
Managing Director
(312) 564-3806