Retirement Plan Sponsor Services

 

 

Perry Buckman, AIF® CRPC®, Managing Director- Investment Officer, Nicole Corning AIF® CRPC®,  Vice President - Investment Officer

Education
When investors fail to plan, the plan may fail.  The Buckman & Corning Financial Strategies Group believe a retirement plan is successful when it promotes the retirement readiness of participants in a retirement plan.  We provide semi-annual group education and provide ample time for one-on-one meetings for individual participants to understand what is available and what steps should be considered as the participant navigates his/her working years towards retirement.


Plan Fees and Expenses
The plan fees and expenses will be benchmarked and reviewed on a semi-annual basis to ensure they are competitive within the industry, relative to the plan size.  We believe in complete fee transparency at the plan sponsor and participant levels and believe the value of those fees need to be apparent to the trustees. 


Plan Design
Retirement plans are as diverse as the companies they serve. We will review your current plan to help determine if your specific needs and objectives are being met through the current design or if other options are available.


Investment Portfolio
An important responsibility of the plan is to offer a portfolio of investment options that cover the major asset classes, styles and categories. Many times investment managers, style, risk, and expenses change over time, which can result in warning signs within the portfolio. Our process utilizes analytical and reporting software for the management of investment decisions, which includes the fi360 Fiduciary Score (R), Asset Allocation Optimizer, and Investment Analyzer from a neutral third party.  We share our findings and offer recommendations with the trustees of the plan on a regular basis.

 

Vendor Analysis
Has your company outgrown your plan provider? It is important for the trustee(s) to periodically compare the current plan provider with other providers.  We will provide a plan vendor comparison to help ensure you have a suitable plan in place for you and your participants.

 

Fiduciary Review
Because most plan sponsors have significant issues in the area of fiduciary roles and responsibilities, it’s important to have an Investment Policy Statement (IPS). The IPS is the document that outlines how investments for the plan are chosen, evaluated and, if needed, replaced. We provide relevant updates regarding regulations and public policy from Congress, the Department of Labor and IRS, which help the fiduciaries on a plan remain in control of their responsibilities.

Wells Fargo Advisors is not a legal or tax advisor.   

Wells Fargo Advisors and its financial advisors provide non-fiduciary services only.  They do not provide investment advice [as defined under the Employee Retirement Income Security Act of 1974 as amended ("ERISA")] , have any discretionary authority with respect to the plan, make any investment or other decisions on behalf of the plan, or otherwise take any action that would make them fiduciaries to the plan under ERISA.   

 

I am responsible for my company's retirement plan and would like a complimentary review of our current retirement plan

 

Helpful Documents