As a fee-based provider, Axio Consulting Group eliminates conflicts of interest by avoiding commissions, loads, or revenue sharing arrangements. This transparent approach ensures recommendations always prioritize the best interests of the plan and its participants. Axio’s 3(38) Fiduciary Management offers a dedicated team of experts committed to the prudent management of plan assets and employees’ financial well-being.
Our 3(38) Fiduciary Management service is designed to alleviate the burden of investment selection and monitoring within retirement plans. Leveraging an open architecture platform, we craft an unbiased customized investment menu tailored to a company’s demographics. This approach allows for selection from a vast universe of investment options without being limited to proprietary products.
Axio Consulting Group’s Co-management service offers a balanced 3(21) Co-Fiduciary Investment Management approach for plan sponsors who value expert guidance while maintaining control over their investment lineup. The service provides a carefully curated list of prudently selected investment alternatives, leveraging an open architecture investment universe to align with the plan’s goals and participant demographics.
As a 3(21) co-fiduciary, Axio shares the responsibility of selecting and monitoring investments, but the plan sponsor retains the final say in the plan’s options. Detailed quarterly monitoring reports offer insights into market conditions, investment performance, and overall plan health, equipping plan sponsors with the information needed for informed decision-making.
Axio Consulting Group’s Retirement Plan Consulting service offers comprehensive support throughout a retirement plan’s lifecycle, whether launching a new plan or optimizing an established one. The expert team guides clients through crucial aspects of plan management, ensuring efficiency, cost-effectiveness, and regulatory compliance for both ERISA and Non-ERISA governed retirement plans.
The process begins with reviewing plan design and features, tailoring recommendations to the unique needs of each organization. A thorough due diligence process assists in selecting the right service providers, setting a strong foundation for the plan’s success. To solidify the investment strategy, we help develop a robust Investment Policy Statement (IPS), while plan fee benchmarking ensures costs remain reasonable and competitive compared to similar plans in the market.
