In order to protect retirement plan sponsors who are fiduciaries under the law, and to deliver the best possible opportunity for employee participants, it is critical to periodically review your plan’s investment options. Pension Dynamics' Retirement Plan Investment Benchmark Review analyzes your plan’s investments in 4 critical areas.
We calculate a weighted average return of your existing plan’s funds over a 3 and 5 year period. The returns are compared to the returns generated by a group of mutual funds with a 4 and 5-star Morningstar rating. Morningstar Inc. is an independent investment research firm that compiles and analyzes fund, stock, and general market data to determine the investment quality of funds.
We look at the investments in your plan to see if the plan has an optimal variety of investment types offering participants the opportunity to reduce their risk while retaining the long-term advantages of stock market exposure.
We perform a review of the investment selection process and evaluate based on the Morningstar data.
We look at what the current funds are charging participants. Reviewing the fees can help ensure that your participants are paying reasonable fees for their investments.
We offer the Retirement Plan Investment Benchmark Review as a complimentary service to prospective clients
Documents needed to complete your analysis are:
List of your current investment options including ticker symbols
The total amount of assets in each fund