Business Owner
HR Representative
Employee
Maximize tax incentivized savings opportunities while providing a valued benefit to recruit and retain talented employees.
Efficient operation with clear explanation, direction, and assistance regarding their related responsibilities to the plan.
Understanding of the plan’s benefits with access to resources, tools, and professionals to help set and achieve financial freedom in retirement.
Plan Design Consulting
All retirement plans are not created equal. A properly structured plan can transform the lives of its participants while a poorly structured plan leaves valuable opportunity on the table. Without the right advisor, the differences between the two often go unnoticed. At TrustStone, we provide the expertise necessary to ensure the funding strategy and plan provisions are optimized to meet your unique objectives.
Fee Analysis & Benchmarking
We believe in full transparency and that you should not have to have a law degree to determine the fees being paid. For this reason, we provide complimentary fee benchmarking services for not only our clients but all Plan Sponsors looking to receive a second opinion. All we ask is that you provide us with your current fee disclosure documents before scheduling a call to review.
Fiduciary Support
Plan Sponsors and those assigned to serve as a trustee, administrator, and/or committee member, have a legal duty to meet their fiduciary obligations. This starts with the requirement to operate the plan in a manner that is exclusively in the best interest of the plan’s participants and beneficiaries. Through proper education and the implementation of best practices we help ensure their responsibilities are met.
Investment Selection & Monitoring
Establishing, following, and documenting a prudent process for monitoring the investments is of the highest importance. We prepare an Investment Policy Statement as well as a screened investment menu specifically suited to the objectives of your plan and the demographics of the participants. Quarterly due diligence reports are provided to document ongoing adherence to the criteria stated in the IPS.
3(21) & 3(38) Fiduciary Services
We practice what we preach by acting as a fiduciary on all plans. Plan Sponsors who would prefer to fully offload the responsibility and liability related to the investment decisions may appoint us to serve as a 3(38) Investment Manager. Those who wish to maintain final decision-making authority and comfortably with the shared liability may instead elect to have us take on a 3(21) Investment Advisory role.
Employee Engagement
Group meetings, 1-on-1 consultations, and targeting messaging make up the core of our offering, designed to equip all participants with the foundational knowledge necessary to properly plan for retirement. All participants will also have access to speak directly with a licensed CFP professional to answer questions and/or assist with more in-depth retirement planning.
