The Logical Evolution of Workplace Retirement Savings Plans!
Now, more than ever, small and medium-sized employers need a 401k service provider who offers a workplace retirement savings program that has been specifically designed for their needs. But, beyond affordability and ease of use, it is imperative that 401k service providers be free of conflicts of interests.
By leveraging the expertise and experience of one of the country’s leading 401k service providers – ePlan Services, 401k eSolution enables plan sponsors to improve their 401k plans by reducing plan expenses and investment costs.
In fact, the 401k eSolution program has been built around three core principles:
Open Architecture & Institutional Access
No-load/No Transaction Fee access to virtually any open-end mutual fund available in the marketplace, including institutional share classes from many of the nation’s leading investment managers. As a result, almost every 401k plan can gain expense efficiencies that optimize investment performance.
Cost Effective & Affordable
By combining unrestricted access to institutional investment alternatives with the professional services of ePlan Services, 401k eSolution provides employers a comprehensive solution at an extraordinary value; whereby almost every employer can reduce their plan costs.
Conflict Free & Fully Transparent
401keSolution does not subscribe to the industry practice known as “revenue sharing”, whereby investment managers provide “concessions” to 401k service providers in exchange for inclusion on their platform. As a result, ePlan Services provides detailed disclosures of the concessions received (at the investment level) and returns all concessions back to the plan (at the participant level).
Additionally, we understand that plan sponsors may need the assistance of an investment professional to evaluate, select and monitor the investment alternatives included in their company-sponsored 401k plan. So, 401k eSolution has partnered with Fiduciary Insight, LLC to make available their remote eFiduciary Service to help insulate employers from potential fiduciary liability related to investment selection and monitoring. Learn More