• Investment Analysis
• Vendor Benchmarking
• 404a/404c Guidance
• Plan Design
• Employee Communications

Vendor Benchmarking

Looking for a new 401(k) provider can be time consuming and cumbersome. Defined Plan Advisors shoulders the burden of searching for a new provider by managing the process from the initial proposal requests to the final analysis, recommendation and even conversion management assistance. Depending on the plan sponsor's goals, objectives, demographics and philosophy, we will match clients with the provider who delivers the highest possible quality products and services at the most competitive total plan cost.

In many instances, we perform routine benchmarking reports for clients who aren't necessarily looking for a change but instead want to make sure that total plan costs are relevant to services being received. Defined Plan Advisors recommends this fiduciary exercise to all its clients at least every 2-3 years.

• Initial Needs Analysis
• RFP Questionnaire
• Response Compilations/Spreadsheeting
• Executive Summary
• Total Cost Analysis
• Conversion Assistance
• Pricing Negotiation