Retirement Plan progress Report

Prepared for John Doe

Working together, we’ve made tangible progress in helping you manage your plan effectively and prepare participants for retirement. This report outlines what we’ve discussed and accomplished as part of the Plan Management Roadmap. We look forward to continuing our relationship with you.

Fiduciary governance

• Reviewed fiduciary governance processes
• Conducted fiduciary training
• Educated plan fiduciaries
• Support to organize key plan documents with Fiduciary kit
• Reviewed and assisted with IPS updates
• Benchmarked fees
• Conducted quarterly investment reviews
• Assistance with negotiating fees with plan provider

Plan Health

• Assessed improvement in key indicators of plan health, including participation rates, deferral rates and diversification
• Identified additional plan feature enhancements
• Assistance implementing automatic enrollment
• Assistance implementing automatic contribution escalation
• Support to increase plan participation
• Support to decrease loan activity

Participant retirement readiness

• Analyzed plan demographics and participant educational needs
• Developed customized participant education strategy
• Delivered in-person education through periodic meetings and seminars
• Provided participant educational materials
• Assistance implementing nonqualified deferred compensation plan