Full Fee Disclosure... Really

Simply stated, we take our commitment to fee transparency very seriously.

Retirement Alliance fully recognizes that the understanding and management of plan fees and expenses is a key fiduciary responsibility. Our cultural commitment to fee transparency is embodied in our longstanding policy of providing our clients and partners with full and complete fee disclosure. By providing our Plan Sponsor clients with this information, we are able to provide a framework within which Plan Fiduciaries are able to mitigate their exposure to the personal liability arising from their fiduciary obligations to the Plan.

In an industry where fee transparency is still unevenly practiced and (some would argue) not yet properly regulated, our clients can be confident that they receive full and complete information and disclosure related to the true costs associated with their retirement plan on an ongoing basis.

Additionally—at the discretion of the Plan Sponsor—all available revenue sharing dollars generated by our clients’ Plans are recaptured in an ERISA “budget account” in the Plan and are typically used to offset a variety of qualifying Plan expenses (including but not limited to: custody, recordkeeping/administration, investment advisory, employee communication, legal expenses, etc.) Alternatively—at the discretion of the Plan Sponsor, recaptured revenue sharing fees may be allocated back to Plan Participants as a Plan-level “dividend” payment. Not only do we pass this revenue back to the Plan, but we detail the revenue trail to ensure that Plan Sponsors are provided with absolute full disclosure.