VIDEO

Understanding the distinctions between investment risk and procedural risk is necessary to ensure that the management of a retirement plan follows true fiduciary standards of care.

De-Risking the Fiduciary Role

Engaging a risk advisory firm specializing in ERISA fiduciary practices can significantly benefit an employer’s retirement plan operations. Such a partnership enhances compliance by ensuring adherence to complex and evolving ERISA regulations, effectively mitigating legal and financial risks.

Roland|Criss brings expertise in best practices, helping to optimize plan design, investment options, and administrative processes. This collaboration can lead to improved overall plan performance through more informed decision-making and strategic guidance.

Additionally, employers may realize cost savings and increased efficiencies through streamlined operations, reduced errors, and potentially lower insurance premiums due to improved risk management. By leveraging the expertise of these advisors, employers can focus on their core business while ensuring their retirement plans are well managed and compliant.