Attila Toth
Portfolio Evaluations (Warren, New Jersey)
Reported by PLANADVISER Staff
For 2010, Toth predicts an increase in fee analysis and fiduciary education. There have been a number of clients for which he says he has been able to “save millions of dollars in fees” and yield a more attractive fee structure without having to go to an RFP.
“My job is to help the plan sponsor make sure a plan benefit is competitive from the fee, fiduciary, and benchmarking perspectives,” Toth comments—and that, he says, helps protect the plan committees. When his clients get their quarterly performance report, they also receive industry updates that Toth has compiled to help keep the sponsors abreast of what is happening.
When benchmarking a plan, Toth says he examines multiple areas, including fees, investment performance, and the variety of types of investments offered, as well as plan design options such as the use of automatic features or Roth, and retirement readiness measurements, such as deferral rates and participation levels. “I am focused around maximizing participation and keeping deferrals up to give people the opportunity to retire successfully,” he says.