DC Plan Benchmarking
DC Plan Benchmarking
Plan Fiduciaries are required to ensure that they are “paying only reasonable plan expenses.” To this end, our Value and Fee Benchmark Report with FEEPOINT® Calculation considers quality, service, value metrics and extra credit items in addition to fees to determine fee reasonableness. Our robust Suite of Services allows service providers to find the solution that will fit the specific needs of their clients.
IRA Benchmarking
IRA Benchmarking
FBi has leveraged its industry-leading DC Plan benchmarking patented method and technology to solve for the new Fiduciary Rule IRA requirements. The solution includes the determination of reasonable compensation, Best Interest Contract Exemption (BICE), compliance reporting and workflow solutions.
Retirement Outcomes Evaluator
Retirement Outcomes Evaluator
The Retirement Outcomes Evaluator is an interactive service that is intended to model plan designs with the objective of identifying a design that will provide better retirement outcomes at reasonable costs to the plan and its participants.
Data Aggregation
Data Aggregation
Fiduciary Benchmarks has established the standard for Defined Contribution Plan data formats and gathering which can now be leveraged by Broker/Dealers for analytics and risk management. The goal of FBi’s Data Aggregation Service is to support Broker/Dealers with the data needed to better run their businesses. The process centers around gathering data from each of a Broker/Dealer’s Recordkeeping partners on an ongoing basis to ensure that all plans from all advisors are accounted for.
Research and Analytics
Research and Analytics
Fiduciary Benchmarks data is collected using rigorous methods that ensure accuracy and comparability. These same data structures also support a robust research offering. The goal of FBi’s Industry Research is to support Recordkeepers, TPAs, Broker/Dealers and Investment Managers with the data needed to better run their businesses.
Thought Leadership
“IndustryNews”
FINTECH: Solving For Fiduciary Rule and
FINRA 13-45 Requirements
FA MagazineHow’s Your Value Proposition?
NAPA-NetPODCAST: Trending 401(k) Topics, Are They Helping or Hurting Your Employees?
401kfridays.comDefining Reasonable Compensation Is a Team Sport
PLANADVISER MagazineVIDEO: Change is Opportunity
PLANADVISER MagazineWhitepaper Discusses Fee Reasonableness of Advisers
PLANADVISER MagazineQuality + Service + Value PDF Download
PLANADVISER MagazineFrom the Blog
By Craig Rosenthal
Are you a generalist or a specialist retirement plan advisor? Most advisors typically choose one path or the other at some point in their career. No matter which path you’ve chosen, you are expected to bring valuable skills and guidance to the table for your clients. Both generalist advisors, such as wealth advisors, along with retirement plan specialists, are vital to supporting and sustaining the market.
What Our Clients Think About Us
“As Warren Buffet says… “Price is what you pay, value is what you receive”. This report is the first service available to help me correlate the two for my clients. Illustrating value changed the dynamic of the conversation and made me feel more comfortable than ever with my clients.”
Brady Dall
Retirement Plan Advisor, 401(k) Advisors Intermountain
“Fiduciary Benchmarks provides the industry’s best benchmarking service by far. Their latest version is incredibly easy to use and the simple 5-step process for evaluating each service provider helps my clients truly understand the notion that fees should always be considered with value.”
John L. Scott
Managing Director, 401(k) Advisors – Arizona
