Ongoing Service Model
At Anthem Financial Services we break down our service model into the following areas; Fiduciary Guidance, Investment Monitoring, Service Provider Benchmarking & Searches, Plan Fee Benchmarking and Strategic Employee Enrollment & Education. Our ongoing services include but are not limited to:
Fiduciary Guidance – Service model designed pursuing to maximize your protection
- Assist with selecting a “Qualified Default Investment Alternative” (QDIA)
- Guidance on plan features and benefits offered
- Committee education on plan design
Investment Monitoring – Investment portfolio design and ongoing monitoring services
- Help with preparation of Investment Policy Statement
- Investment Scorecard report utilizing third party investment analysis software
- Provide ongoing monitoring of plan investment options
- Presentation of investment recommendations to Committee
Service Provider Benchmarking & Searches – Analysis includes:
- Provider background & service scale
- Administrative services provided
- Breadth of available investment platform offering
Plan Fee Benchmarking – Review and analysis of total plan fees including:
- All hard and soft dollar plan fees
- Investment management fees, daily asset charges and participant fees
- Revenue sharing analysis as set forth in the DOL fee disclosure guidelines
- Analysis and research on your plan’s fixed account yields
Strategic Employee Enrollment & Education
- Enrollment meetings focused on plan benefits
- Financial educational seminars to aim toward raising knowledge base
- Implement employee educational strategies & campaigns