Retirement Plan Consultants

 

Paul Sommerstad, QPFC, CBFA, AIF®

Senior ERISA Consultant

As a senior ERISA consultant, Paul specializes in helping organizations understand how plan design can dramatically improve their employees’ ability to successfully retire and how proper fiduciary governance can limit personal liability associated with being a plan fiduciary.

Over the course of his 13+ years in the retirement plan industry, Paul has worked with a variety of public, private and non-profit organizations providing them with proven strategies that have resulted in improved outcomes for more than 100,000 retirement plan participants. Paul’s expertise in vendor negotiations has resulted in lowering total plan and administrative costs for plans of all sizes while improving the service levels for his clients. Paul is also an ardent researcher in the latest behavioral economics research and he helps sponsors design their retirement plans to provide the most bang for the buck.

Areas of Expertise

  • Fiduciary-based Investment Consulting™
  • Fee Analysis and Negotiation
  • Recordkeeper Searches
  • Strategic Plan Design
  • Behavioral Finance
  • Fiduciary Best Practices
Paul Sommerstad, QPFC, CBFA, AIF® - Senior ERISA Consultant