Resources


It’s a New Ballgame for 401k Plans (Updated)

Blue Prairie Group ERISA consultants Ty Parrish and Michael Rom discuss the new DOL Fiduciary Rule, as well as how the role of the traditional retirement plan advisor is changing, and what services you should should expect (and how much you should pay for them) going forward. It’s a New Ballgame for 401k Plans – Updated PDF Presentation It’s a New Ballgame for 401k Plans (Updated) from Blue Prairie Group on Vimeo.

Webinar

What’s Reasonable? Rule of Thumb Benchmark for 401k Advisory Fees

Plan sponsors are increasingly aware of their fiduciary responsibility to ensure that their plan only pay “reasonable fees” to their service providers. While commonly used benchmarks on recordkeeping and investment data are readily available, there is far less information on the fees plan sponsors pay to their advisors. The best way for a plan sponsor to benchmark the reasonableness of their advisory fees is to issue a Request for Proposal (RFP). As a quick check, we’ve developed the following grid to help plan sponsors with some quick guidelines on advisory fee data gleaned from over 1,000 plans of similar size. [ read more ]

White Paper

Webinar

Mergers, Acquisitions & Spin-offs

Blue Prairie Group Senior ERISA Consultant Paul Sommerstad is joined by Rose Ann Abraham from Baker Tilly to discuss effective strategies for executing plan mergers, acquisitions or spin-offs. The look at important considerations from an administrative as well as an audit perspective, and discuss best practices for pre and post transactions in operational and audit environments. Mergers, Acquisitions & Spin-offs: Practical Considerations and Best Practices for Plan Sponsors from Blue Prairie Group on Vimeo.


401k Rollovers

Blue Prairie Group’s Chief Investment Officer, Gary Silverman, CFA, discusses 401k rollovers, including when they are appropriate and what to consider before doing it.  


Webinar

It’s a New Ballgame for 401k Plans

Blue Prairie Group ERISA consultants Ty Parrish and Michael Rom discuss the new DOL Fiduciary Rule, as well as how the role of the traditional retirement plan advisor is changing, and what services you should should expect (and how much you should pay for them) going forward. It’s a New Ballgame for 401k Plans – PDF Presentation It’s a New Ballgame for 401k Plans from Blue Prairie Group on Vimeo.


Asset Location vs Asset Allocation

Blue Prairie Group’s Chief Investment Officer, Gary Silverman, CFA, discusses the difference between asset location and asset allocation, and looks at which assets should be invested in taxable accounts vs tax deferred accounts.  


What’s Reasonable? Rule of Thumb Benchmark for 401k Advisory Fees

Plan sponsors are increasingly aware of their fiduciary responsibility to ensure that their plan only pay “reasonable fees” to their service providers. While commonly used benchmarks on recordkeeping and investment data are readily available, there is far less information on the fees plan sponsors pay to their advisors. The best way for a plan sponsor to benchmark the reasonableness of their advisory fees is to issue a Request for Proposal (RFP). As a quick check, we’ve developed the following grid to help plan sponsors with some quick guidelines on advisory fee data. Click here to read more


Investment Perspectives First Quarter 2017

GDP continued its modest growth trend with an upwardly revised GDP growth estimate for the fourth quarter of 2016 to a still lackluster 1.9% (vs. 1.6% for the entire calendar year of 2016 – the worst performance since 2011). Growth last quarter was driven by a large increase in consumer spending (which was, in turn, driven by rising consumer sentiment), offset to some degree by reduced business investment. We’re still a few days away from the official release of first quarter 2017 growth numbers, but our expectations are for somewhat muted results. Read More

Economic Commentary

The Power of Design for Workplace Retirement Plans

Blue Prairie Group ERISA consultants Carmela Elco and Paul Sommerstad share best practices on improving defined contribution retirement plans by applying proven behavioral finance solutions. The Power of Design for Workplace Retirement Plans – PDF Presentation The Power of Design for Workplace Retirement Plans from Blue Prairie Group on Vimeo.

Webinar

White Paper

The Evolution of 401(k) Advisory Fee Arrangements

ERISA plan fiduciaries are obligated under ERISA to ensure that the total amount of compensation paid to a service provider is reasonable and not excessive. Faced with a decade-long series of lawsuits challenging the “reasonableness” of provider fees, and with greater illumination of expenses afforded by fee disclosure requirements, plan sponsors have aggressively pushed for savings from investment managers and recordkeepers. The upshot of these efforts has been a 40% drop in investment fees for a typical 401k participant and a lowering of administration fees by nearly 45%. The Evolution of 401(k) Advisory Fee Arrangements