What is this?

Internal Revenue Code 404(c) states employers have a responsibility to provide education to their employees in the area of portfolio construction within the organization’s retirement plan.

How does it help me?

Employee Education is a service we provide to help maintain the employer’s fiduciary responsibility in this area.  By allowing us to provide a level of education to your employees you can successfully submit this action to your Investment Committee which will help keep you within best practices.  By using a third party, as opposed to the investment advisor that sold the program, there will be no conflict of interest.

Who do I contact for questions?

For more information on using the Pry Advisory Group Pension Consulting Services to create a more efficient process within your company’s retirement plan, contact us at 419-423-4481 or email us at info@PryGroup.com.

What do I need to bring?

A copy of the Plan Document

An updated copy of the Investment Policy Statement

All Sales Material given to the employees and/or a new hire