Firm to Offer Enhanced 401k Consulting Services
MELVILLE, NY, March 6, 2008 -- Pilot Employee Benefits is pleased to announce an enhanced suite of retirement plan consulting services that is now available to its clients.
"Our new Retirement Plan Advisory System means more dedicated services to help ensure employers' fiduciary compliance, and deliver a more successful and meaningful retirement plan for employees," says Josh Senders, a partner of the firm.
Core services rolled into the new system include:
- Investment due diligence analysis
- Scorecard Fund Ranking
- Service provider searches and benchmarking
- Plan design and annual review
- 404(c) fiduciary guidance
- Employee communications
"Every plan sponsor has unique goals and objectives. As a dedicated retirement plan consultant, Pilot Employee Benefits will create an ongoing service plan specific to each client's needs," says Senders. "We'll begin with a thorough review of the plan to ensure total plan costs are relevant to the services being received. Then, on an ongoing basis, we will examine the plan design with ideas to improve participation and operational efficiency."
Perhaps most importantly, notes Senders, the firm will help navigate fiduciary (http://www.pilotbenefits.com) responsibility through robust, systematic, quantitative and qualitative investment analysis involving over 150 pages of detailed reports utilizing 15+ industry standard analytical measurements. “Our due diligence process goes far beyond the Morningstar 5-star ratings and instead focuses on a cyclical approach of fund selection, monitoring, and ongoing documentation and review.”
About Pilot Employee Benefits
Pilot provides a variety of retirement plan consulting services – from plan reviews to fee benchmarking to investment analysis – all designed to help protect plan fiduciaries from personal and corporate financial liability, while enhancing investment opportunities for participants. Pilot is headquartered in Melville, NY. Visit www.pilotbenefits.com for more information.
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