401(k) Medics - Fiduciary Standards for 401(k) Plans www.401kmedics.com
© 2010 Portfolio Medics, LLC
Privacy Policy
© 2010 Portfolio Medics, LLC
Privacy Policy
The presence of this website on the Internet shall in no direct or indirect way raise an implication that Portfolio Medics is offering to sell or soliciting to sell advisory services to residents of any state in which the firm is not registered as an investment adviser. 401(k) Medics is a DBA of Portfolio Medics, LLC.
ERISA Definition
Employee Retirement Income Security Act of 1974. The federal law which established legal guidelines for private pension plan administration and investment practices.
ERISA requires ongoing due diligence to ensure reasonable fees are charged by each fund.
Did you know that many retirement plan providers receive incentives from mutual funds to be in your retirement plan? This conflict of interest and the resulting liability could fall on the shoulders of you, the employer.
ERISA requires ongoing monitoring and management of plan investments to maintain compliance.
Proxy votes, changes in fund management, legal actions against the funds and market conditions may affect the appropriateness of a specific fund. Unlike most plan providers you can transfer much of your investment related fiduciary obligations. 401kMedics will become your co-fiduciary and continually monitor the funds selected. We provide proactive management and will replace and document mutual funds that no longer meet your investment policy statement.
ERISA requires ongoing participant education.
The advisors of 401kMedics are highly qualified to provide the ERISA required financial education to plan participants. Your employees can attend group classes as well as private consultations so that the plan participants can get answers to their questions that are not suitable for a group setting.
Employee Retirement Income Security Act of 1974. The federal law which established legal guidelines for private pension plan administration and investment practices.
ERISA requires ongoing due diligence to ensure reasonable fees are charged by each fund.
Did you know that many retirement plan providers receive incentives from mutual funds to be in your retirement plan? This conflict of interest and the resulting liability could fall on the shoulders of you, the employer.
ERISA requires ongoing monitoring and management of plan investments to maintain compliance.
Proxy votes, changes in fund management, legal actions against the funds and market conditions may affect the appropriateness of a specific fund. Unlike most plan providers you can transfer much of your investment related fiduciary obligations. 401kMedics will become your co-fiduciary and continually monitor the funds selected. We provide proactive management and will replace and document mutual funds that no longer meet your investment policy statement.
ERISA requires ongoing participant education.
The advisors of 401kMedics are highly qualified to provide the ERISA required financial education to plan participants. Your employees can attend group classes as well as private consultations so that the plan participants can get answers to their questions that are not suitable for a group setting.