As the retirement plan industry has become increasingly more commoditized by institutional providers, more burdens for administration have fallen to the plan sponsors/employers. RPS focuses exclusively on retirement plans, investing its resources, both human and financial, in building and evolving its retirement plan program to be the best in the industry.
RPS has developed an investment platform and fee structure which enables Moneta Group to provide objective investment recommendations from the largest possible universe of investments. Moneta Group and RPS are committed to processes, procedures, systems and high-touch service that results in less work for our clients.
Program features include:
- Investment independence (true open architecture)
- Client-focused processes and procedures
- Full fee disclosure and dollar-for-dollar revenue sharing credits
- Core business focus and expertise
Serving as the advisor and advocate for your plan: Who better to serve your plan than an advocate who absolutely understands how this business works?
When outsourcing a plan’s record keeping and administration is the best solution, we act as your consultant and advocate for all aspects of your retirement planning needs. Because we are actively involved in plan design and administration, we have comprehensive expertise in this business. We can serve as your informed expert in advocating for your plan with unrelated third-party administrators. This expertise and advocacy ensures that the fees you are charged are fair and reasonable, the services you receive are meticulous and your plan design specifically addresses the needs of your business. When required, our plan experts can also construct RFPs, manage the process and, based on our direct and expert knowledge of this key business need, make recommendations that are best for you and your plan participants.
Investments: Moneta Group acts in a fiduciary capacity when recommending investments for its clients’ plans.
We help our retirement plan clients fulfill their ERISA-defined prudent expert due diligence process requirement. Our highly qualified investment department, at the direction of our investment committee, performs investment due diligence without limitations or related party biases.
Our highly refined due diligences process and our commitment to act in our clients’ best interests means we are willing to take on either co-fiduciary or discretionary fiduciary status for our plan clients. Taking on this role as fiduciary firmly aligns our goals and objectives with those of our retirement plan clients and their participants.
Plan Design and Consulting: Plans that are designed to meet your needs and those of the people who count on you.
If you did not have a plan, would you start one today? What would be the key reasons for establishing a plan? We ask questions like these at the beginning of our relationship with clients to determine their true objectives. In addition to helping you define these objectives, we help design and draft a plan that best meets your needs, and we collaborate with your provider and/or counsel.
Fees: Fee based. No conflicts of interest. Complete objectivity.
We work for a plainly-stated fee and get paid by no one except our clients and/or the plans they sponsor. Why do we do it this way?
- It is the right thing to do
- It keeps fees transparent (no hidden charges)
- It maintains our independence and objectivity