Plan Level Benchmarking
The retirement plan provider review process can be time-consuming, confusing, and frustrating. All too often, standard vendor-provided proposals do not include enough information to determine administrative, record keeping, compliance, and employee communication services and standards. Furthermore, total plan costs are usually difficult to determine and compare without extensive analysis of the proposals.
Act2 Retirement Consulting has over 40 years of combined experience in offering retirement plans and is the Plan Sponsor's outsource partner in the plan provider review process. Act2 Retirement Consulting uses the Vendor Analysis and Benchmarking™ system, which enables Plan Sponsors to eliminate the confusion and frustration of selecting a 401(k) provider, and dramatically reduces the amount of time plan sponsors must allocate to the evaluation of new plan providers.