Retainer Services

Clients can work with QP Consulting in one of two ways. The bulk of our business is performed as ongoing retainer business. Through an ongoing relationship with a client, we can not only serve in either an ERISA 3 (21) or 3 (38) capacity, but we can also provide the necessary services to properly assist plan participants in understanding and effectively using the plan. These services include (*some depend on recordkeeping platform capabilities):

  • Quarterly Fiduciary Reports
  • Investment Monitoring
  • Investment Policy Statement Drafting & Revisions
  • On-site Education Meetings
  • Quarterly Archived Fiduciary Web Seminars
  • Bi-annual Archived Participant Web Seminars
  • Annual Fee Benchmarking
  • Qualified Default Investment Alternative Benchmarking
  • Participant Gap Analysis Reports
  • Participant Paycheck Analysis Reports
  • Plan Sponsor Plan Effectiveness Reporting
  • On-site Fiduciary Review Meetings
  • Vendor Negotiations
  • Custom Enrollment Videos
  • Targeted Video Education Series
  • Model Portfolio Creation & Updating*

For clients with over ten million dollars in assets, we charge a fixed fee that is billed quarterly in arrears. For clients with fewer than ten million dollars in assets, we base our fee on a percentage of the plans assets or a fixed fee. This fee is billed quarterly in arrears and can be either invoiced to the plan sponsor or swept from plan assets (depending on recordkeeping platform capabilities).