Plan Benchmarking

Plan sponsors face intense scrutiny by Congress and the Department of Labor over real or suspected ERISA violations. Failure to manage this risk is costly, and employee litigation is on the rise.

Paradigm Financial Advisors provides detailed 401(k) plan benchmarking services that enable plan providers to measure both plan fees and performance compared to other plan providers.  Paradigm takes a proactive stance to help clients contain fees, expand provider services and enhance investment opportunities with our innovative fee benchmarking process.

Our own unique process offers quantitative and qualitative metrics for a thorough and balanced analysis. We proactively meet with service providers and conduct ongoing due diligence of each provider’s competitive advantages.

With Paradigm Financial Advisors, a wealth of provider data is at our fingertips through our use of Fiduciary Benchmark’s© powerful and accurate database that stores thousands of knowledge points on service providers. The entire system enables us to intelligently measure plan fees, services and investment performance.

We can quickly and efficiently validate your decision to remain with your current provider or uncover justification to move to an alternative provider. If a full search is not your intention, allow us to conduct a fee benchmarking to ensure your compliance with ERISA requirements to periodically compare your plan to the marketplace.

For more information please call Ryan Powers at 314-966-3400.  Or email him directly at rpowers@pfaclient.com.