Two pressing issues facing retirement plan providers are: "Excessive Fees" and "Plan Sponsor Fiduciary Liability." Many Plan Sponsors may not realize their plan consists of layers of hidden fees that could adversely affect them and their participants/employees. We can help Plan Sponsors identify the costs, strengths, and weaknesses of their plan and construct a more innovative solution.

The retirement plan industry faces several significant legislative changes in the upcoming year and we believe an Open-Architecture solution will benefit Plan Sponsors and their participants.

Another pressing issue facing many retirement plans today is that Plan Sponsors may be susceptible to a high degree of “Fiduciary Liability.” We believe it is not the Plan Sponsor’s sole responsibility in regards to investment options in their retirement plans. Plan Sponsors have many other issues to deal with in their day-to-day business and an Open Architecture solution can help mitigate the Fiduciary Liability to the plan and transfer risks towards investment professionals.

An Open Architecture solution can reduce costs and “justify” them. Although reasonable costs can be very influential on participant returns, we also believe in adding value for the costs incurred. We justify plan fees in several ways: continued employee education, plan benchmarking and review, and other services that contradict a “set it and forget it” structure.

At Plaza for more than 25 years, we have developed strong client relationships built on trust and loyalty. We believe we can help Plan Sponsor’s and their participants optimize their plan’s potential and help participants achieve a confident and independent retirement.