January 28, 2020
In this episode of the Fiduciary Advice @ Work podcast, experts from Francis Investment Counsel discuss the role of a recordkeeper to a retirement plan benefit, trends in recordkeeping across the industry, and key elements for plan sponsors to focus on when evaluating their recordkeeping relationship.
Under Review: How to Evaluate a Recordkeeping Relationship
In this episode, we focus on important elements of a plan sponsor’s recordkeeping relationship, including:
- The role a recordkeeper fulfills in comparison to other plan service providers
- Challenges recordkeepers face in a consolidating marketplace and how plan sponsors should respond
- Key factors to consider in the event a plan sponsor conducts a recordkeeper evaluation