American Marconi Wireless News - Fiduciary Decisions Announces New and Enhanced Retirement Plan Benchmarking Solutions for Clients and Prospects

• Fee Monitor - a benchmarking report that can be generated on-demand, specifically built for plans under $20M

• Investment Plan Line-up Fee Benchmarking - enhanced to consider performance as a more holistic assessment of the relationship between fees and performance

• Enhancements to FDI's gold standard Value and Fee Benchmarking report, which includes a new approach toward assigning value to a plan's complexity, as well as its impact on recordkeeper fees and services

• FDI's industry-leading Plan Profile prospecting report - enhanced so it is more in line with facilitating benchmarking best practices discussions around fee reasonableness

"Our team worked diligently to create new and enhanced services that our clients-across all market segments-have been requesting," said Matt Golda, Chief Product Officer. He added, "In order to give our clients the best experience possible, we concurrently built a new user experience and a new training and education module, which includes best practices by market segment."

All the new and enhanced solutions continue to follow FDI's patented approach toward determining fee reasonableness through an evaluation of quality, service, value and additional offerings. This methodology is supported by the industry's most comprehensive database of more than 375,000 plans.

Golda added, "Our new approach toward evaluating plan complexity will enable report users to objectively assess the impact of plan characteristics on the complexity of plan administration and fees."

Tom Kmak, CEO and co-founder of FDI, states "We've been closely monitoring ERISA litigation and while the headlines may be about settlement dollars, the real lessons to be learned are about best practices for plans of all sizes. ERISA requirements for plan fiduciaries don't vary by market segment; all plans have the same obligation to determine reasonableness. We are empowering our clients to satisfy this requirement by choosing the appropriate report for a specific plan's needs," he concluded.

These products and services are available to FDI clients now.

For more information visit www.fiduciarydecisions.com.

About Fiduciary Decisions

Leveraging patented processes, Fiduciary Decisions provides comprehensive benchmarking and decision-making tools for retirement plan service providers. The company's solutions help advisors, recordkeepers, TPAs, and other service providers ensure plan fees are reasonable while supporting them in protecting and growing their retirement plan practices. Built on a foundation of accurate, timely data and actionable insights, FDI helps service providers increase efficiency, demonstrate value to plan sponsors, and manage ERISA compliance risks effectively.

www.fiduciarydecisions.com

FDI Contact:

Craig Rosenthal
Chief Marketing Officer
Fiduciary Decisions
phone: 203-249-1574
[email protected]

SOURCE: Fiduciary Decisions

View the original press release on ACCESS Newswire

D.Kaufman--AMWN