If you offer your employees a 401k solutions plan, you now have another liability.
Liability on Employers
In 1974, Congress passed the Employee Retirement Income Security Act (ERISA) to set guidelines for plan sponsors when structuring a retirement plan. Theoretically, ERISA did its job; in practice it failed. A 2010 study covering a 20 year period by DALBAR, a financial services research firm, found that the S&P index returned 8.20%, while the average investor returned only 3.17% in retirement plans. Why such a difference? Excessive and opaque fees are part of the answer. LIABILTY is and has always been on the PLAN SPONSOR.
CoreStates Global Vision Plan
When you turn to GLOBAL VISION PLAN, you can be assured you are in the best of hands. From the everyday basics of managing your plan, to the most complex and challenging issues facing the industry, our GLOBAL VISION PLAN provides the services to properly structure and manage your group retirement plan.
Managed ETF Asset Allocation Portfolios
- Simplifies Participants’ Investment Decisions
- Lowers Employer’s potential fiduciary liability
Open Architecture Investment Menu
- Managed Model Allocations
- Mutual Funds
Brand Name Index Managers
- iShares, WisdomTree, Vanguard
- All costs are line items
- Participant Investment Education and Guidance
- QDIA & Investment Policy Statement
For more information on 401k Solutions, Contact Us Today!