Investment Management & Oversight (IM&O)

Fi401k Advisors' Investment Management & Oversight service is designed to provide a fully-outsourced solution for employer-plan sponsors who have determined that they would like to engage a professional Fiduciary Adviser to manage their plan's investments as a discretionary Investment Manager - under ERISA 3(38). As such, the appointment of a discretionary Investment Manager, effectively transfers responsibility and any corresponding liability for the prudence of investment management process to Fi401k Advisors, LLC.

Discretionary Investment Management

As a Registered Investment Adviser, Fi401k Advisors is able to perform as the designated Investment Manager to qualified plan - under ERISA 3(38).  As a result, Fi401k Advisors performs in a discretionary capacity that allows them to convert traditional reporting data into actionable advice that conforms with a plan’s investment governance documentation. Furthermore, as a discretionary Investment Manager, Fi401k Advisors actively evaluates any investment tracking/reporting discrepancies to determine if an existing investment option(s) merit replacement and communicates a directive to transact an exchange into a more appropriate investment alternative.

Model/Managed Portfolios

In addition, as the plan's designated Investment Manager, Fi401k Advisors can create Model Portfolios to provide direction to plan participants who may need assistance in determining the appropriate allocation among the plan's available investment options.  Thereto, three to six Model Portfolios can be deployed within the plan that are designed to achieve predetermined investment objectives or accommodate various investor personalities. When Model Portfolios are included in a plan, plan participants can effectively hand control of their investment allocations to the plan's Investment Manager to actively reallocate or recompose institutional portfolios for the benfit of enrolled participants.

Fiduciary Warranty

As a professional Fiduciary Adviser, Fi401k Advisors is able to gain insurance protections from claims related to their services that extends to the plan sponsor and other plan fiduciaries.  Therefore, the combination a professional liability insurance with an ERISA surety bond, effectively provides a warranty against potential fiduciary claims. As a result, engaging Fi401k Advisors as a plan’s discretionary 3(38) Investment Manager represents a comprehensive solution for the management of your company’s 401(k) plan's investments - that also serves to insulate all plan fiduciaries from prospective liability.

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