Your company needs the right 401k. Using the following guideline Acorn will help your company find the right plan for you based on Fees, Fiduciary and Fund Selection.
When your company initiates a search using an RFP process, you have a goal in mind, to find an investment provider who's values, approach, and service level will fulfill your organization's needs. With a clear timeline and the right information, the 401k plan will stand out in your decision making.
Your plan administrator and Key Decision Makers will have the transparent information needed to make a final Decision.
Fees – Do you know the all-in fees associated with your 401k Plan?
Fiduciary – Do you know if you are meeting the Fiduciary Responsibilities under the law?
Fund Selection – Are you confident your Funds are performing and your 401k is using the proper share class available to you?