Why consider working with 401 Investment Professionals?
Here are four key reasons: Fees - Funds - Education - Fiduciary
# 1 - Fees - Transparent and at or below benchmark.
We believe that Participants' hard earned dollars should stay where they belong...In their funds - not lost to fees! We believe many 401k Plans are paying more than they should. Our data below supports this.
This chart shows a comparison of fees from the last ten plans we analyzed as of October 31, 2017. On average, plans were paying 70% more in fees that they would have with our solution.
#2 - Funds
Funds matter. We take steps to make sure that funds are selected, managed and changed as needed, in accordance with our Inevesment Policy Statement. In addition, we use an Open Architecture Platform that allows us to choose our funds from a universe of 15,000 funds rather than being restricted to a limited selection as is often the case with other, proprietary platforms.
In summary, this 1% difference in lifetime return results in 45% MORE savings over the course of 40 years.
#3 - Education
We believe that the best outcomes for plan participants are based on 1 on 1, personalized, private education that creates awareness around retirement savings, sets goals and assesses risk so that an employee is empowered to make educated choices of how to best manage his or her 401k.
#4 - Fiduciary
As a Registered Investment Advisor company, we are legally bound to operate in the best interest of the companies we support. We sign a legal document stating this when we sign onto a 401k plan. We operate as both a 3(21) and a 3(38), the highest level of fiduciary support available.
Special thanks to all who attended the Wisconsin SHRM Conference and joined us at our booth to play our game, "Drive the Devils Out of Your 401k"! We received strong feedback that this lighthearted approach brought light to the four biggest problems plaguing today's 401k plans.
