403(b) CONSULTING

403(b) Plan Fee Disclosures - Are You Ready
 

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We have extensive experience consulting to defined contribution plan sponsors. We currently consult to over 200 defined contribution retainer clients with over $380 billion in assets. Our Non-profit and Public Sector Consulting group is a dedicated team of defined contribution consultants that work exclusively with our tax-exempt clients. This group has extensive experience working with our university clients in the design and administration of 403(b) and 401(k) plans. Consultants leverage our work experience and marketplace presence to be thought leaders in the industry and deliver custom investment consulting solutions.

OUR SERVICES

• Plan governance review
• Investment policy review and design
• Fund line-up structure review
• Fund mapping between similar investment options
• Investment manager/fund selection
• Custom target date design
• Performance evaluation and risk monitoring
• Stable value selection, management and contract evaluation
• Responsible investing industry presence
• Monitoring and benchmarking vendor fees and revenue
• Sponsor training and education
• Discretionary DC plan management

EXPERIENCE WE BRING TO CLIENTS

• Reviewing and consolidating active providers
• Developing and managing RfPs for record keeping providers and master administrators
• Supporting the transition from individual contracts to employer contracts, from annuities to mutual funds
• Assisting in the development and dissemination of investment related participant communication
• Developing governance structures, including the staffing, drafting charters, role and responsibility charts, investment policy and annual monitoring programs
• Assisting in compliance with the fee disclosure regulations to plan sponsors and to participants

Mercer is a leading global provider of investment services, and offers customized guidance at every stage of the investment decision, risk management and investment monitoring process. We have been dedicated to meeting the needs of clients for more than 30 years, and we work with the fiduciaries of pension funds, foundations, endowments and other investors in some 35 countries. We assist with every aspect of institutional investing (and retail portfolios in some geographies), from strategy, structure and implementation to ongoing fiduciary management.