Retirement Plans
Retirement plans sponsors are the primary fiduciaries of such plans, and their actions must fully comply with the fiduciary standard under ERISA (Employee Retirement Income Security Act) and the Modern Prudent Investor Rule.
In order to achieve the desired returns and mantain the lowest volatility possible, we assist fiduciaries in determining an appropiate combination of investments.
Defined Benefit Plan
CONSULTIVA’s advisors study the liabilities of a plan in order to determine the pace at which assets must grow to sustain or achieve a fully funded status. This helps identify a required rate of return. From this point, they assist the fiduciaries in determining an appropriate combination of investments in line with the desired returns and with as minimum volatility as possible.
We assist in designing and drafting a written investment policy that articulates the fiduciaries’ thinking relative to, among other things, roles and responsibilities, investment objectives, strategies for managing risk and information protocol. This written plan also serves as a guide to investment managers or platform providers charged with the implementation responsibilities.
Evaluating and selecting appropriate funds, investment vehicle and/or investment manager is the next step. We take great care in bringing together this combination.
In order to achieve the desired returns and mantain the lowest volatility possible, we assist fiduciaries in determining an appropiate combination of investments.
Defined Benefit Plan
Our advisors study the liabilities of a plan in order to determine the pace at which assets must grow to sustain or achieve a fully funded status. This helps identify a required rate of return.
We assist in designing and drafting a written investment policy that articulates the fiduciaries’ thinking relative to, among other things, roles and responsibilities, investment objectives, strategies for managing risk and information protocol. This written plan also serves as a guide to investment managers or platform providers charged with the implementation responsibilities.
Evaluating and selecting appropriate funds, investment vehicle and/or investment manager is the next step. We take great care in bringing together this combination.
Defined Contribution Plans
Defined Contribution Plans require special attention, since each participant makes their own investment decisions.
Our Advisors work with employers to provide plan participants with the solutions and information needed to make adequate decisions. This means relying on sufficient practical information about investment options and portfolio models in an appropriate environment for independent decision making.
At CONSULTIVA we have developed procedures to design and implement defined contribution plans following two parallel processes: assist trustees in compliance with section 404c and assist participants in making informed decisions.
Defined Contribution Plans
Defined Contribution Plans require special attention, since each participant makes their own investment decisions.
Our Advisors work with employers to provide plan participants with the solutions and information needed to make adequate decisions. This means relying on sufficient practical information about investment options and portfolio models in an appropriate environment for independent decision making.
In our experience, financial guidance is a critical component of success. The material should be presented from the perspective of the participant's culture and native language through group orientations and with written and material so that the participant fully comprehends what is being presented.
Plan sponsors are required to provide these conditions for plans governed by Section 404c of ERISA (Employee Retirement Income Security Act).
Taft-Hartley Plans
For many workers, unions represent the collective strength needed to achieve more and better benefits in the workplace. It is the union that, through the process of collective bargaining, negotiates employer contributions for medical, welfare and pension benefits.
Fiduciaries of plans under collective bargaining agreements receive guidance from CONSULTIVA, regarding their fiduciary responsibility, how to establish reasonable investment objectives, how to craft investment guidelines and how to monitor an investment process.
Non-Qualified Plans
A Non-Qualified Plan is a type of tax-deferred, employer sponsored retirement plan that falls outside of the Employee Retirement Income Security Act (ERISA) guidelines. Non-qualified plans are designed to meet specialized retirement needs for key executives and other select employees.
There are different types of non-qualified plans including deferred compensation plans and executive bonus plans, among other options. At CONSULTIVA we help your organization choose the option that helps recruit and retain top talent and key personnel.
