A Holistic Approach to Risk Management - The Council of ...

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Retirement Plan Components To Analyze Cost Recordkeeping Technology Services Accounting Employer/Employee Reports Processing Payroll Deposits Quality Assurance Standards Billed Fees Investment Management Fees Asset Based Fees Revenue Sharing Disclosure Web-based Tools Loan/Withdrawal Processing Online Enrollment Plan Sponsor Fiduciaries Participant Plan Document SPD Discrimination Testing 5500 Filings ERISA Resources Investment Philosophy Quantitative Analysis Qualitative Analysis Enrollment Materials & Meetings Individual Advice Solutions Participant Statements Compliance Communications Investment Management 14
Total Plan Cost The vast majority of total plan costs are paid for by participants through revenue sharing. Plan pricing will vary significantly based on: Plan Assets Participants Average Account Balance Service Requirements Administrative Fees + Investment Fees + Plan Consulting = Total Plan Fees Cost Services to operate the plan: Recordkeeping, Trustee, Compliance, Communications All costs associated with managing the investments Advisory fees paid to a registered investment advisor or commission paid to a broker. Paid for by plan sponsor or participant Always paid by plan participant Paid for by plan sponsor or participant 15
Page 1 and 2: A Holistic Approach to Risk Managem
Page 3 and 4: Holistic Risk Management The Experi
Page 5 and 6: Current Risk Transfer Analysis •
Page 7 and 8: Business Risk Analysis • Event Ri
Page 9 and 10: Holistic Risk Plan • Funding risk
Page 11 and 12: Legal Responsibilities of the Trust
Page 13: The Process: Comprehensive, Measura
Page 17 and 18: Share Classes Defined Many mutual f
Page 19 and 20: Identified In The Risk Planning Pro
Page 21 and 22: Overall Takeaways • Holistic Risk

A Holistic Approach to Risk Management - The Council of ...

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