Monitoring plan assets is an essential fiduciary duty. SCLC can help you meet this responsibility by:
- Tracking rates of return relative to appropriate benchmarks
- Determining the risk assumed by each fund relative to limits established in the Investment Policy Statement [1]
- Monitoring fund expenses
- Watching for material changes in a fund’s objective or management
- Evaluating whether the funds continue to be suitable for your plan
We prepare regular fiduciary reports that document the prudence of your conduct and illustrate that you have satisfied your fiduciary responsibility to monitor investments. We meet regularly with qualified plan clients to discuss our reports, review fund performance, recommend appropriate investment changes, and address developing issues relating to plan operations.