Fiduciary Best Practices
Fiduciary Monitoring System | Efficiently monitors your investment lineup and notifies you of changes in performance or criteria, and creates a customized investment policy statement. |
Retirement Plan Health Check | Objective reporting on your plan’s health and value, using key plan attributes in comparison to a valid peer group. Attributes may include age based group deferral rates, average account balances, portfolio diversification by age group and in total, aggregate plan performance, and more. |
Industry Reports | Detailed report covering the annual PLANSPONSOR Defined Contribution Study of more than 5,000 plan sponsors in 28 industries. |
ERISA Help Desk | Technical help and answers from industry professionals are always within reach so your LPL representative can tackle even the most complex questions and situations on your behalf. |
Fiduciary Vault | Centralized storage for all plan-related forms and documents, including plan reviews, meeting notes, announcements, and more. |
Enhanced Fiduciary Capabilities
Our tools are enhanced through a partnership with Fiduciary Benchmarks, Inc., a leader in plan benchmarking technologies.
Retirement Outcomes Evaluator | Provides a process that promotes better participant outcomes |
PlanPoint, PlanProfile, and FeeChecker | Uses provider data that is straight from the source to give you a more complete picture of fees so you can make better decisions |
V2.1 Full Benchmarking Report | Helps you analyze the reasonableness of fees, rather than merely knowing what they are |
Prudent Fee Management
Expense Analyzer | Provides clarity on plan fees by generating a cohesive analysis and report. Shows immediately whether the plan’s fee structure is competitive. |
Fee Comparison and Analysis Evaluation | Creates a comprehensive fee-analysis overview covering total plan fees, including those for investment management, recordkeeping, and advisor/ consultant, as well as plan benefits and features. |
Investment Due Diligence and Benchmarking
Investment Due Diligence | Timely research reports from the LPL Financial Research Team, compiling precise quarterly reports to keep your advisor up-to-date on funds and the market. |
Fund Line-up Comparison Tool | Compares up to five service provider portfolios for fees and performance, demonstrating relative strengths and weaknesses of fund options. |