Foundations are an often overlooked, but unquestionably critical component of a building. In the investment world, designs are the foundation of retirement plans. Artfully executed, they serve to encourage participation rates and guide future decisions. Having seen hundreds of plans, our practitioners understand what it takes to build a successful foundation for a retirement plan.
A Focus on the Sponsor
The plan design must, first and foremost, take into account the sponsor’s goals and objectives. Organizations value the time we invest in understanding factors such as participant demographics and risk tolerance. Once understood, these factors can be integrated with our consultants’ broad knowledge of the investment landscape and market trends to help create a plan designed in our clients’ best interests.
Sweating the Details
In the design, our consultants don’t lose sight of the details involved in investment management, asset servicing and administrative requirements. A seemingly insignificant item, such as securities lending or expense allocation, could lead to larger issues if not appropriately addressed at the outset. Clients appreciate our knowledge of and ability to account for all of the details associated with a plan within the overall scope of the design. Importantly, our consultants understand the need to adequately document structures, policies and procedures for future reference.
Structured, but Adaptable
We recognize governance structures and policy statements must be definitive while also leaving room for judgment. Curcio Webb’s ability to balance these two seemingly competing interests creates documents that serve as an often referenced plan resource, rather than a compulsory report.