RFP & Fee Benchmarking

ERISA requirements demand a great deal from plan sponsors. At a minimum, you must benchmark your fees and services to the competitive marketplace.  Few plan sponsors can do this alone.  Most seek out the support of consultants whose primary focus is fiduciary protection.  That means total fee, service and investment analysis.


Looking for a new 401(k) provider can be time consuming and cumbersome. Valtrum Retirement Plan Consulting shoulders the burden of searching for a new provider by managing the process from the initial proposal requests to the final analysis, recommendation and even conversion management assistance.

Depending on the plan sponsor's goals, objectives, demographics and philosophy, we will match clients with the provider who delivers the highest possible quality products and services at the most competitive total plan cost.

In many instances, we perform routine benchmarking reports for clients who aren't necessarily looking for a change but do want to make sure that total plan costs are relevant to services and performance being received. Valtrum Retirement Plan Consulting recommends this fiduciary exercise to all its clients at least every 2-3 years.

Valtrum Retirement Plan Consulting offers a deep specialty in RFP/vendor search and fee benchmarking that dials you into a clearer perspective on your complete plan. As a result, you can make decisions with confidence.


Our services at a glance:

  • Thorough, streamlined process-from data gathering to spreadsheeting to finalist presentation
  • Integrated report including 350+ data points
  • Complete total cost analysis, including revenue sharing
  • Integrated investment platform rankings for clearer analysis

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