Fiduciary Fundamentals

A fiduciary is a person or organization that acts on behalf of another person or persons, putting their client’s interest ahead of their own.

In terms of retirement planning, fiduciaries are responsible for managing your plan in line with regulatory standards, while seeking the best outcomes for your plan participants.

Importance of Fiduciary Services

A fiduciary approach ensures your plan is managed with the highest degree of care and professionalism. This approach can help mitigate legal risks, promote better investment outcomes, and enhance the overall effectiveness of your retirement plan.

The Value of a 3(38) Investment Manager

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Defining a 3(38) Investment Manager

A 3(38) Investment Manager is a specific type of fiduciary defined under the Employee Retirement Income Security Act (ERISA). A 3(38) Investment Manager has the discretionary authority to manage, acquire, or dispose of any asset of a plan.

Advantages of a 3(38) Investment Manager

Hiring a 3(38) Investment Manager transfers significant responsibility and liability for selecting and monitoring investment options from the plan sponsor to the Investment Manager. 

This allows you to focus more on your business while being assured that the investments in your plan are being managed by experts.

Our Fiduciary Support

You’re in GOOD Company

Our Fiduciary Services are designed to provide you with peace of mind, knowing that your retirement plan is in capable and trustworthy hands. We’re here to help you navigate the complexities of retirement plan management, ensuring that your plan is optimized for both your business and your employees.

401k Resources

IRS Updates

2024 IRS Updates: 401(k), IRA, & More

The Internal Revenue Service (IRS) has announced significant updates for 2024, impacting various retirement plans, including 401(k), Individual Retirement Accounts (IRA), and Roth IRAs. These changes, primarily influenced by cost-of-living

Executive employees

Strategies to Retain Top Corporate Talent

Today’s world is evolving rapidly, making it more challenging than ever to attract and hold onto talented employees, particularly senior management. Here are some strategies that might be beneficial, and

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