Plan Type: 401k
Assets: $93 million
A prominent healthcare provider with multiple locations nationwide recently converted to a new plan provider, and upon hiring 401(k) Advisors as its dedicated consultant, embarked on a comprehensive review of the Plan’s existing investment line-up. With 50% of the assets in proprietary funds, no risk- or target-based asset allocation offering to speak of, and only one passive fund, it was time for the Client to carefully consider what changes were necessary to enhance opportunities for participants, while meeting their fiduciary obligation under ERISA.
Download: Investment Due Diligence and Analysis