With the help of industry-leading service providers, the Pepsi-Cola Bottlers Stand-in-the-Future Multiple Employer Plan (the “MEP) was designed to accomplish four primary objectives: i) decrease the fiduciary risk and liability associated with managing a 401(k) plan, ii) reduce plan costs by utilizing the collective purchasing power of member Bottlers, iii) outsource as much administrative burden as possible, and iv) provide white-glove one-on-one financial advisory service to participating Bottler employees.
CAPTRUST specializes in providing retirement plan and investment advisory services to retirement plan fiduciaries, executives, and high-net-worth individuals.
The complexities of managing a defined contribution plan—such as a 401(k) or 403(b) — have grown dramatically over the past several decades. In addition to complying with laws and regulations, developing an investment menu, and finding and managing a recordkeeper, plan sponsors have also been tasked with creating the processes for sound plan governance, for example, making sure that plan investments are monitored, plan provider fees are periodically benchmarked, and that these fiduciary processes are well-documented. More recently, many clients are adding a focus on helping their employees achieve “retirement readiness” to their list of goals.
Over the past 25 years, CAPTRUST has developed a range of services to address the many demands placed on retirement plan sponsors, including:
- Fiduciary advisory and risk management services
- Investment advisory services
- Discretionary consulting services
- Provider analysis and fee benchmarking
- Retirement plan participant advice
CAPTRUST takes a holistic look at clients’ retirement plans, incorporating aspects of plan design, investment menu selection and monitoring, participant engagement, and vendor and fiduciary process management to help them manage their plans more effectively, address their fiduciary duties, and create retirement-ready employees.
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