Employer Retirement Plan Advisory Services
ICM works with employers to custom-build retirement plans, serve as co-fiduciary and investment advisor and provide ongoing, face-to-face guidance to employees.
Your Role as a Fiduciary
As a plan fiduciary, you have a great deal of responsibility to your plan and its participants. ICM helps plan sponsors manage this responsibility and mitigate liability by:
- Serving as a fiduciary to the plan
- Developing an investment policy statement and documentation process to meet fiduciary responsibilities
- Moderating quarterly investment plan meetings
- Executing processes to meet a “Global Standard of Fiduciary Excellence”
Investment Selection and Monitoring
- One of your responsibilities as the fiduciary of your plan is the selection and ongoing monitoring of investments within the plan. ICM has a rigorous quantitative system in place to aid in the selection of the plan’s funds.
Participant Support and Administration
- ICM’s team of financial advisors will be with you and your participants every step of the way—from enrolling new employees to answering day-to-day questions. In addition to live phone support, our advisors will meet with employees individually to assist them with savings recommendations, portfolio selection and any questions they may have to help them prepare for retirement.
Accredited Investment Fiduciary (AIF®)
- ICM’s team of professionals includes an Accredited Investment Fiduciary® (AIF). This designation gives an individual the credentials and knowledge to help businesses meet stringent ERISA and Uniform Prudent Investors Act requirements. The AIF® was named one of the “Ten Most Wanted” designations in the investment industry by Financial Planning magazine. For additional information about the AIF® designation, click here.
Consulting Services
If you aren’t sure you’re ready to change providers or simply just want to make sure your plan is cost-efficient and meeting regulatory requirements, ICM can work with you on a consultative basis. Some of our consulting services include but are not limited to:
- Performing a “Self-Assessment for Fiduciary Excellence” (SAFE)
- Developing an investment policy statement and documentation process to meet fiduciary responsibilities
- Offering investment selection and monitoring recommendations
- Performing an independent benchmarking of plan costs and services