Implementation and Continuous Management of Investment Fiduciary Practices – This is a comprehensive service which encompasses all the component elements of managing the prudent processes for ERISA fiduciaries. From the goal setting and fact finding sessions through the implementation and monitoring of results, this process includes a complete documentation trail for all fiduciary decisions relating to investment decisions. We will help you establish your Plan’s goals, evaluate alternative investment policies available to obtaining those goals, craft your investment policy statement, conduct search and selection of investment and plan administration providers, and monitor the results relative to the stated objectives.
Investment Fiduciary Review - A one-time service which will provide a preliminary indication of your organization’s level of compliance with the prescribed investment fiduciary standards deemed appropriate for ERISA plans. We will conduct a review of all supporting documentation relevant to the investment fiduciary process and provide a summary evaluation report of compliance including noted areas for improvement and substantiation.
Investment Fiduciary Assessment - We will conduct a comprehensive investment fiduciary assessment according to the 23 substantiated investment fiduciary practices identified by the Foundation for Fiduciary Studies and Fiduciary360 deemed as the prudent procedural practices appropriate for ERISA plans. This review provides an in-depth assessment of the existing fiduciary practices, including reviewing Investment Policy Statement, performance reports, committee minutes and other documentation, currently in place within your organization.
Investment Policy Statement Review - Not all Investment Policy Statements (“IPS”) are equal. PTA will review and evaluate the sufficiency and effectiveness of your IPS relative to the investment fiduciary standards substantiated and advocated by the Foundation for Fiduciary Studies and Fiduciary360. Some such provisions relate to defining the due diligence criteria for selecting investment options, establishing procedures for controlling and accounting for investment expenses, monitoring criteria for investment options and service providers. We will identify areas for improvement and offer recommendations accordingly.
Investment Policy Statement Preparation – PTA will assist you in preparing an Investment Policy Statement (“IPS”) reflecting your plan’s investment objectives, policies and constraints and risk tolerance. No assurance has been or can be given that you will achieve the investment objectives reflected in your IPS.
Mutual Fund Analysis Report - These Mutual Funds will be analyzed based on their investment philosophies, policies, risk level, and performance as they relate to the Plan’s investment objectives, policies, constraints, and risk tolerance, as specified by you. In order to meet your investment objectives, policies, constraints and risk tolerance, such Mutual Funds may include money market, fixed income and various domestic and/or international equity and/or balanced or other Mutual Funds. We will periodically provide Fund Analysis Reports evaluating specified funds over various time periods as well as comparing various aspects of such performance to benchmarks which are mutually agreed upon by you and us. Analysis will include, but is not limited to, performance, style, peer comparison, and holdings analysis. Data will be derived from various analytical tools and we will not be responsible for verification of the information supplied by outside vendors. You acknowledge that past investment results are not necessarily indicative of future investment results.
Mutual Fund Snapshot Report - Your PrimeTRUST Advisor will provide your organization with a snapshot review of your plan’s mutual fund options for purposes of providing preliminary observations as to investment quality. This is not intended to be a thorough analysis, but rather a preliminary indicator as to the quality of the plan’s investment options based upon simplified value judgments emphasizing consistency of performance relative to investment category averages and investment expenses relative to other share available share classes and investment category averages.
Quarterly Investment Performance Monitoring Reports - Each quarter, PTA will provide Investment Performance Monitoring Reports evaluating the performance of the Plan’s investments over various time periods. In addition, we will be comparing various risk and return aspects of such performance to established benchmarks including relevant indexes, appropriate category averages and the returns standards stated in the Investment Policy Statement.
Diversification Review - We will provide a Diversification Review designed to identify particular asset classes that we feel should be included in the Plan’s list of investment options available to the participants based on certain information requested by us and provided by you. This information is based on Modern Portfolio Theory and other general diversification philosophies.