As the regulations in the retirement plan industry continue to change, many plan sponsors find that fulfilling their fiduciary responsibility under ERISA has become increasingly complex. 

401kDIRECT provides its plan sponsors with fiduciary liability mitigation through the “Advisor Delivered” plan and the use of fi360 Fiduciary Tools.  Through 401kDIRECT,  your Financial Advisor will have access to these tools and will help reduce your fiduciary liability by giving you the following for each plan:

• Investment Policy Statement
• Documentation of the investment selection and monitoring process
• Quarterly ranking of all funds through 401kDIRECT select list
• Customized, plan specific, Quarterly Monitoring Report (QMR)