Provider RFPs & Fee Benchmarking
Develop data-driven strategies & keep your plan competitive
Provider searches and fee benchmarks are cornerstones of the Accelerate Retirement service model. We use an RFP approach to ensure that apples-to-apples comparisons are used throughout the benchmarking process.
This approach includes:
- Taking a deep dive into your plan’s investment needs, service requirements, and size to pair that with a provider that has the system capabilities, strength & expertise, and resources to support your employee demographics
- Thoroughly breaking down investment expenses by extracting the different components: 12b-1, shareholder servicing fees, sub-TA, asset-based fees, and investment management fees
- Using our fee benchmarking process to negotiate fees on your behalf with your plan provider on an ongoing process
- Facilitating a seamless transition process using our deep expertise in plan provider conversions
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