Retirement Plan Consulting

Looking to better enable your employee’s retirement? Trust NEFG for reliable, comprehensive retirement plan services.

Although sponsoring a qualified retirement plan is often done with the best of intentions, there are certain responsibilities of which every employer needs to be aware, and to actively manage when doing so.

In fact, the fiduciary responsibilities within an employee retirement savings plan carry a higher standard of care than other employee benefit programs.

Northeast Financial Group’s focus, whether acting as an ERISA 3(21) Co-Fiduciary or a 3(38) Discretionary Fiduciary, is to provide fiduciary “best practices” to plan sponsors in the retirement plan marketplace. The following is a framework of the comprehensive services we provide to plan sponsors, in support of their fiduciary responsibility to plan participants.

Fiduciary Duties

  • Investment Policy Statement
  • Quantitative & Qualitative Fund Analysis
  • Prudently Select Investments
  • Consistently Implement Results
  • Independently Monitor Investments
  • Defray Reasonable Fees
  • Follow Plan Document

Protection for Participant Investment Decisions

  • Broad Range of Investment Options
  • Sufficient Investment Information & Education
  • Description of Fees & Expenses
  • 404(c) Policy Statement & Employee Notice
  • Copy of Prospectus
  • Description of Investment Alternatives & Fund Facts
  • Voting and Tender Rights (if applicable)

Contact us today for an initial discussion of your retirement plan options.