Investment Comparison & Optimization (IC&O)

Independent of the retirement plan service provider or product that any company utilizes to maintain their employer-sponsored retirement plan, ERISA dictates that every fiduciary has a duty to act in the best interests of the plan, its participants and their beneficiaries.  The trouble is that everybody’s interpretation or definition of what constitutes “best interest” differs.

So, with regard to investments, Fiduciary Insight follows two guiding principles when assisting employer-plan sponsors with addressing this issue:

  1. Fiduciaries have a duty to defray reasonable plan expenses.  So, if the plan currently holds an investment option for which there is a cheaper share class available to them – it is the obligation of the fiduciary to pursue that alternative. Learn more
  2. Fiduciaries have a duty to act for the exclusive purpose of providing benefits.  So, if the plan has an investment option that has significantly or consistently under-performed its peers and/or applicable index – it is the obligation of the fiduciary to investigate other alternatives.  Learn more

As a result, the Fi401k Investment Comparison & Optimization service is designed to facilitate the discovery of investment alternatives that may provide better cost efficiencies and/or access better performing investment option equivalents for 401(k) plans.

Sign-up for the Fi401k Investment Comparison & Optimization Service