Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.
Products November 7, 2011
Smart401k Introduces À La Carte Service Options
Smart401k
is offering a new, flexible service delivery model for plan sponsors and
plan-level advisers.
Reported by PLANADVISER staff
Smart401k developed the model in anticipation of the Department of Labor’s release of the final definition of fiduciary.
The à la carte service model focuses on the need to provide menu options in an environment subject to fee and expense scrutiny.
“Plan sponsors and plan-level advisers want choice and the ability to customize their plan’s options. This customization allows each group to meet the needs of their participant base, while keeping costs under control,” said Scott Swezy, Smart401k vice president of strategy and distribution.
You Might Also Like:
Increased Share of Workers Credit Employers for Efforts to Reduce Financial Stress
A Schwab survey of 401(k) participants also found increased familiarity with SECURE 2.0 provisions compared with last year.
401GO Raises $12M Series A Funding Led by Next Frontier Capital
Rally Ventures, Impression Ventures and Stout Street Capital contributed to the round, fueling the small plan provider’s growth strategy to...
Judge Rules for Molina, flexPATH in ERISA Case
The District Court judge cited broad indexes as the appropriate benchmarks for plan TDFs in a ruling expected to be...