Services | Case Studies
ILLUSTRATION: INVESTMENT MONITORING PROCESS
SAMPLE CLIENT: MANUFACTURING FIRM
PLAN ASSETS: $5 MILLION
We work with firms to help them select and monitor the investment options for their platform. An example of this is a manufacturing client for whom we helped enhance their investment menu by highlighting investment options that needed improvement. The Plan Sponsor was able to obtain from the recordkeeper replacement investments in the underperforming asset classes to pursue the goal of creating a stronger investment lineup for the plan participants. Using the Plan Support Services available through Alpha Pension Group helped them work towards creating a stronger investment program.
ILLUSTRATION: FIDUCIARY SERVICES
SAMPLE CLIENT: INVESTMENT MANAGEMENT FIRM
PLAN ASSETS: $10 MILLION
An investment firm was interested in outsourcing some of the fiduciary liability associated with its 401(k) plan investments. Through Alpha Pension Group, we have access to the resources and experience to provide certain investment fiduciary and non-fiduciary services to retirement plans. In addition to the compliance advantages of working with an investment fiduciary who can provide advice regarding the investment selection and monitoring, Alpha has access to Plan Support Services available which may result in lower investment fees and an enhanced investment offering.
ILLUSTRATION: EDUCATION CURRICULUM
SAMPLE CLIENT: TRANSPORTATION FIRM
PLAN ASSETS: $35 MILLION
A large transportation firm had many participants allocated exclusively into the money market fund and even some older participants with allocations in far riskier investments than was appropriate for their age. Additionally, there were many plan participants with outstanding loans on their accounts. Working with the plan sponsor, Alpha Pension Group created an education curriculum to address the client’s needs. Less than two years later, participant behavior changed. The result was a significant reduction in plan loans and a significant reallocation rate into appropriate investment allocations.
The approach at Alpha Pension Group utilizes third-party custom allocation models, a written education curriculum, education meetings, and a matrix for us to review with our clients to help ensure our efforts are effective. Regardless of our client’s size, all clients receive the same level of attention. Our passion at Alpha is educating our clients’ employees. As a result, we believe over 30,000 participants are on a healthier trajectory to retirement.