Home / Corporate Plans / Corporate Plan Investments

Corporate Plans

Corporate Plan Investments

There is more to corporate plan investments than simply selecting the plan’s fund options. Just as important are the development of the investment policy, the fund menu design, proper investment manager due diligence and selection, and fiduciary oversight.

Investment Policy Development

It should all start with the development of a proper investment policy. Guardian Wealth Advisors (GWA) will assist the plan sponsor in the creation and development of this important document and will work to facilitate the understanding and approval of the investment policy by the investment committee. Once an investment policy is developed and approved it is just as important to continually improve and update the document as required by changes in the plan.

Fund Menu Design

The fund menu design is the next important step and can/should be done even before the selection of the investment provider. Fund menu design is one of the critical determinates of the investment success of the plan. Participant behavior in selecting investments is largely driven by fund menu design along with participant education.

Investment Manager Due Diligence and Selection

The investment managers in the plan are one of the most visible aspects of the plan along with the fund menu design and plan education materials. Once a plan participant has chosen their asset allocation, the selection of the investment manager is the next import decision. GWA has extensive experience in investment manager due diligence and selection and will assist the plan sponsor in the selection of fund managers that have the best fit for their plan.

Fiduciary Support/Oversight

Understanding the different levels of fiduciary responsibility is very important for the plan sponsor. Regulators have been very explicit in their definitions of the different levels of fiduciary responsibility. Plan sponsors should be just as diligent in understanding the regulations and who bears the different levels of fiduciary responsibility.