Many Moneta clients are business owners, and acting as their Family CFO requires us to have expertise in addressing many issues faced by closely-held businesses. Chief among these is managing employee retirement plans (including pensions, 401(k)s, 403(b)s, profit-sharing plans, and non-qualified plans).
Since the 1960s, Moneta has been providing its business clients creative answers and advice on their retirement plan needs—dating back to the original Keogh Plans. As part of its ongoing commitment to providing superior service, in 1989 Moneta established its own Third Party Administrator (TPA) to provide a fully-bundled, turn-key retirement plan option for clients. This company, Retirement Plan Services, LLC (RPS) www.rpsbenefits.com is now one of the country's largest independent TPAs.
Moneta advises on nearly 500 retirement plans, most, but not all, using the RPS platform. This is a testament to the unbiased nature of our advice and the consultative manner in which we handle relationships. Our job is to craft a retirement program that best fits your company's goals and objectives, using the full universe of available resources. In so doing, we provide our clients:
- Goals-based, customized plan design and consulting (our retirement consultants average more than 15 years experience)
- Customized, in-person, pro-active employee education programs, including customized technology solutions for remote employees
- Conflict-free investment selection and monitoring (through Moneta's independent Investment Selection Committee)
- Full fee disclosure
- Co-fiduciary status and process for minimizing Trustees’ fiduciary liability
- Expert record-keeper searches (management of the RFP process)
Often, RPS is the best solution for our clients, because they provide:
- Expert plan design consulting
- Intuitive participant Website, quarterly statements and passive education tools
- Individually assigned, high-touch service representatives (no call centers), with lower-than-industry-standard client loads
- Plan Administrators who average 15 years of experience
- Client-friendly processes and procedures; it's about what works best for you, not them
- Hands-on administration, compliance and government reporting (no garbage in/garbage out automated systems)
- Conflict-fee investment platform and fee structures
Retirement Plan Services, LLC (“RPS”) is a separate legal entity from Moneta Group. RPS is not a registered investment adviser and does not provide investment or financial planning advice. Moneta Group hereby disclaims liability for any other company’s web site content, services, products, privacy policies, or security.
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