Benefits to employees / participants
Top four benefits for the employee / participant
Participant website: Our secure online portal gives plan participants the ability to see their retirement path. Capabilities range from checking their investment performance to estimating how much they will have at retirement.
Easy enrollment: We offer interactive, online enrollment with relevant, bite-sized modules of information employees can access when and where it works best for them.
Participant resources: Participants have access to benefit statements, fee disclosure documents, quarterly newsletters and more.
Employee education: Employees can learn more with engaging videos that address timely topics such as plan specific provisions, how much to save and asset allocation.
With the Retirement Collective, Mesirow Financial is the 3(38) investment fiduciary and has taken the responsibility for selecting a fund line-up. As part of the Retirement Collective, Mesirow will review and monitor these investments on a quarterly basis and make changes, when necessary, in order to offer your participants a compliant, quality investment line-up. This is another example of how the Retirement Collective benefits you and your employees.
Mesirow is the 3(38) investment fiduciary. They handle the investment selection and monitoring, which significantly eases the burden and may also help protect your plan sponsors from certain legal claims. While you cannot entirely delegate investment fiduciary responsibility, The Retirement Collective offers a significant layer of ERISA liability protection. In addition, The Retirement Advantage (TRA) serves as a delegated 3(16) plan administrator, providing 3(16) administrative fiduciary services.
Every plan comes with a core team of experienced, dedicated professionals who provide guidance and support. They assist with compliance as well as calculating and allocating contributions and transfers. They also provide all the necessary documentation to help you with the administration of loans and distributions for the plan’s participants. This relationship-based service model gives you more time to focus on what’s important.
Are you ready to get serious about the Ameritas Retirement Collective? Complete the form on this site and we’ll create a custom proposal for you.