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

Related Articles

Participant Corner | Five Key Strategies for a Successful Retirement

Achieving a comfortable and secure retirement requires careful planning and disciplined financial habits. Here are five essential strategies to help you succeed: Download a copy of this Participant Corner by clicking here, or contact service@accelerateretirement.com to get an editable version that you … Read More

Retirees Take the Gold Watch, But Keep Their 401k Assets In-Plan

A recent Fidelity report reveals that over 80% of plan sponsors prefer to allow employees to keep their assets in-plan and withdraw them over time. The number of workers aged 55 and older has increased by 74% over the past … Read More

The Retirement Planning Gap Affecting Two in Three Investors

Despite the importance of retirement planning, a staggering 67% of investors admit to spending no time at all working on it in a typical month, according to a recent survey conducted by the Nationwide Retirement Institute. That’s a vast majority … Read More

Ensure a competitive plan for a competitive market