Making the right decisions begins with asking the right questions. Our goal is to help plan sponsors get the answers they need to deliver positive outcomes for their companies and their employees.
1
What can you deliver as the plan fiduciaries?
Our commitment to your plan extends to delivering investment advice as an ERISA fiduciary. We’ll work with you to create and implement a process to organize key fiduciary documentation. We will be setting a formal process for decision-making and documentation of meetings and outcomes.
2
How can you get our plan to run more efficiently?
Your needs drive our process. We assist in reviewing the plan’s goals and any other potential changes to its provisions. We can help you assess provider services and evaluate how well participants are using the plan. We’ll introduce plan features when they make sense for you—such as auto enrollment, setting QDIA and asset allocation strategies. We will also help you define and review key performance indicators to assess overall plan health.
3
Does the plan offer the right investments?
We assist in reviewing the investment options in your plan’s current menu to confirm your employees have a wide range of choices for their needs and comfort level. We also review the performance of those investment options against your goals and relevant industry benchmarks.
Investment Policy Statement (IPS) review
Understanding your IPS is important as well. We’ll review it to determine whether changes are appropriate in light of economic conditions or regulatory developments. If one does not exist, we will explain the importance of having an IPS and how you can create an appropriate document.
4
How you can help your employees prepare for retirement?
Education and motivation are the keys to preparing participants for retirement. Together, we will develop a customized educational program, including seminars on asset allocation , the benefits of saving early, the impact of inflation and planning for life in retirement. We’re here to help you motivate your employees—which moves the meter more than education–and help them experience better outcomes as they pursue their retirement funding goals.
5
How do you determine plan fees?
Because we’re a consultant, you can take advantage of our services without the need to change your current vendors (recordkeeper or third-party administrator–TPA). Our years of consulting experience give us a valuable perspective. In fact, many plan sponsors (such as you) use UBS for our non-biased investment advice as an ERISA fiduciary. It’s a relationship that can deliver tangible benefits for you and your participants. Through our flexible and transparent consulting agreement, we offer the following services: plan program consulting, investment consulting and employee education consulting.
