The retirement plan provider review process can be time-consuming, confusing, and frustrating. Standard vendor-provided proposals may not include enough information to determine administrative, record keeping, compliance, and employee communication services and standards. Furthermore, total plan costs may be impossible to determine from the face of the proposals.
The advisors at Daher Capital Group are the Plan Sponsor's outsource partner in the plan provider review process. DCG uses the SearchPro Plan Provider Review Process, which seeks to enable Plan Sponsors to eliminate the confusion and frustration of selecting a 401(k) provider, and dramatically reduce the amount of time plan sponsors must allocate to the evaluation of new plan providers.