According to advisors surveyed, how are they and plan sponsors leveraging fee levelization information today?

Take this quiz to find out

Resources to initiate fee levelization conversations with your clients … and win them over

Are you and your clients discussing retirement plan fees more frequently? That makes sense considering recent litigation and regulations have heightened awareness of fiduciary responsibility related to fees.1 So how do you take advantage of these opportunities and ensure you’re abiding by Department of Labor (DOL) fiduciary rules?

See how to help prevent fee litigation

What is fee levelization?

A fee collection method that allows retirement plan fees (i.e., recordkeeping, participant services, compliance, etc.) to be shared equally among ALL participants no matter which investments are selected or revenue provided.

Follow these three steps to optimize your fee levelization process

Understand the revenue sharing landscape and how to approach clients/prospects

What challenges are you most likely to hear from plan sponsors? What is the biggest driver for a plan sponsor to move to fee levelization? And what options are most clients using?

See highlights of the Fee Levelization — Advisor Insights Study

Tee up the conversation

Then, educate your clients/prospects on retirement plan fee levelization options and considerations. It’s easy. Consider sharing the PowerPoint below to help kick off things. Or check out some of the other tools/resources below, including the "What's all the buzz about leveling retirement plan fees" white paper.

Select an option and document it in a fee policy statement

A fee policy statement provides guidelines for your clients to help them monitor their retirement plan fees and expenses with service providers on a regular basis. By doing this, your clients can better manage their related fiduciary duties. See the template below to create a fee policy statement for all your clients.

Need some help with your conversations? Use these resources.

For you

White paper

What's all the buzz about levelizing retirement plan fees? Thumbnail image of fee levelization white paper
Illustrate how each option works and outlines best practices for setting up a prudent process.
Take me to the white paper

More resources

Advisor case study

Case study: thumbnail image of case study
This case study highlights how an advisor is teeing up fee levelization conversations with prospective clients … and winning their plans.
Show me the case study

Plan sponsor case study

Plan sponsor case study
Learn how Access Intelligence levelized 401(k) plan administrative fees for its active 401(k) participants.
See the case study

Fee levelization blogger:
Andrew Miller

Andrew Miller
Follow Andy Miller’s blog to get the latest insights and commentary on fee levelization.
Go to Andy's blog

Use with plan sponsors

Comparison flier

You've got options comparison flier: thumbnail image of  comparison flier
Show your clients the differences between some of the most common fee levelization options.
Go to the comparison flier

More plan sponsor resources

Plan sponsor case study

Plan sponsor case study cover image
Learn how Access Intelligence levelized 401(k) plan administrative fees for its active 401(k) participants.
See the case study

Plan sponsor presentation

Plan sponsor event presentation
This presentation can be used if you’re hosting a plan sponsor event.
Get the presentation

Sample fee policy statement

Sample fee policy statement: thumbnail image of sample fee policy statement
Use this template to create a fee policy statement for all your clients.
Go to the fee policy statement

Fee levelization blogger:
Andrew Miller

Andrew Miller
Follow Andy Miller’s blog to get the latest insights and commentary on fee levelization.
Go to Andy's blog

Use with participants

Participant presentation

Plans sponsor event presentation: thumbnail image of fee levelization presentation
This presentation can be used if you’re hosting a participant event.
Get the presentation
1 401(k) Fee Litigation, Groom Law Group, September 2015.
This page and linked information is intended to be educational in nature and is not intended to be taken as a recommendation.
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