Plan Sponsor eRFP Concierge

The Plan Sponsor eRFP Concierge is an online technology and service helping retirement fiduciaries to efficiently and prudently issue an RFP (request for proposal).

Plan Sponsor eRFP Concierge is here to help plan fiduciaries ask the right questions, source the right candidates, document the process, and hire an expert. If you are looking for assistance with your retirement plan RFP we can help!



The Importance of an RFP


The Department of Labor is very critical of how Plan Sponsors select and monitor service providers and how those decisions are documented. An RFP is one of the most prudent methods for plan fiduciaries to monitor fees, compare services and document the selection process.

 

Fiduciary best practices says to conduct an retirement advisor RFP at least every four to five years or any time you are uncertain/unhappy about the competitiveness of your services.

 

Common Challenges:

  • Unsure What Questions to Ask
  • Unsure of Qualified Candidates to Invite
  • Difficult to Compare Proposals Apples-to-Apples
  • Inefficient, Time Consuming, and Manual Process

ā€œDocumentation is critical to demonstrating a prudent due diligence process.ā€

David Donaldson

CEO, ERISA SMART, Inc.
Former Department of Labor Investigator


Benefits

  • Cost Effective
  • Time Efficient
  • Reduce Risk & Improve Plan
  • Easy to Use + Flexible

 

http://www.plansponsor.com/magazinearticle.aspx?id=6442520607


Features

Advisor Search Portal

Search for specialist, pre-vetted investment advisors to include in your RFP.

eRFP + Virtual Guidance

Bring your RFP online, and receive objective assistance from start to finish at varying levels to meet your needs and budget.

Sample RFP Questions

Pick and choose from best-practice RFP questions to save time and make the process more efficient.

Due Diligence Document

Receive a document that summarizes the entire due diligence process to maintain for your records.

 


Choose your plan today

Search Only

  • Search portal
  • Sample RFP Questions
  • eRFP tool + virtual tips
  • Committee collaboration
  • Due diligence document
  • Dedicated Concierge Team

eRFP

  • Search portal
  • Sample RFP Questions
  • eRFP tool + virtual tips
  • Committee collaboration
  • Due diligence document
  • Dedicated Concierge Team

Concierge (Popular)

  • Search portal
  • Sample RFP Questions
  • eRFP tool + virtual tips
  • Committee collaboration
  • Due diligence document
  • Dedicated Concierge Team