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Plan Vendor Evaluation
Submitted by drup5t-admin on Fri, 05/08/2009 - 10:25.

The initial plan evaluation provided by Stark Miller Financial Benefits Group aims for a complete understanding of your company’s needs and level of flexibility. Stark Miller Financial Benefits Group will match your needs to the results of the vendor evaluation, with one or more vendors emerging as leading candidates for the company’s plan.

Company Need Assessment

  • Is the current plan in compliance with the current regulations?
  • Is your plan successful at driving participation and increasing deferral rates?
  • Does it offer a sufficient variety of investment options to ensure participants are able to diversify* appropriately?
  • Are there areas you would like to see improved upon, such as technology, reporting, and assistance with fiduciary compliance?

*Diversification does not ensure a profit or guarantee against a loss.

Vendor Evaluation

  • Solicit proposals from high-quality providers
  • Evaluate each proposal based on agreed-upon criteria
  • Identify providers that may best match your needs

Vendor Candidate Selection

  • Stark Miller Financial Benefits Group will match your Needs Assessment to the results of the Vendor Search
  • One or more of the vendors will emerge as leading candidates based on their ability to meet the challenges of your plan requirements

Securities and Investment Advisory Services offered through Woodbury Financial Services, Inc., Member FINRA, SIPC and Registered Investment Advisor. Stark Miller Financial Benefits Group and Woodbury Financial Services, Inc. are not affiliated entities. Privacy  Disclosures  Terms of Use  Home  Login  Site Map