Provider Management

PROVIDER MANAGEMENT

Provider Management – 403(b) and 457(b) Plans

Are all your participants getting the best from your Plan Providers?

Are Plan Providers adding risk and liability?

Offering a multi-provider platform is common for school districts, counties, and towns. These programs may increase complexity for plan participants and may not be aligned to serve the employee benefit goals of the employer.

On top of that, these programs may also carry both fiduciary and regulatory responsibilities for plan sponsors. Multi-provider realities may raise complex questions, which can lead to uncertainty, inefficiency, frustration and decreased purchasing power for plan sponsors and participants.

So, how can a Plan Sponsor turn their multi-provider platform from a potential liability into an employee benefit asset?

This is where Verity’s RetireIQ brings key decision elements for Plan sponsors:

To see how RetireIQ can work for you