Broker Check

LPL Retirement Plan Tools

ADDRESSING THE CHALLENGE

If you’re like most plan sponsors, you have many demanding challenges competing for your attention. LPL representatives work with retirement plans every day, and they will help save you time and effort. LPL representatives bring the experience and tools that deliver value, seek to improve participant outcomes, and help manage your fiduciary risks.

When you partner with an LPL retirement representative, we work together to create an optimal, tailored plan configuration, helping you provide a customized fit for your employees.

Fiduciary Best Practices

Fiduciary Monitoring SystemEfficiently monitors your investment lineup and notifies you of changes in performance or criteria, and creates a customized investment policy statement.
Retirement Plan Health CheckUnbiased reporting on your plan’s health and value, using key plan attributes in comparison to a valid peer group. Attributes may include age based group deferral rates, average account balances, portfolio diversification by age group and in total, aggregate plan performance, and more.
Industry ReportsDetailed report covering the annual PLANSPONSOR Defined Contribution Study of more than 5,000 plan sponsors in 28 industries.
ERISA Help DeskTechnical help and answers from industry professionals are always within reach so your LPL representative inquire about even the most complex questions and situations on your behalf.
Fiduciary VaultCentralized storage for all plan-related forms and documents, including plan reviews, meeting notes, announcements, and more.

Enhanced Fiduciary Capabilities

Our tools are enhanced through a partnership with Fiduciary Benchmarks, Inc., a leader in plan benchmarking technologies.

Retirement Outcomes EvaluatorProvides a process that promotes better participant outcomes
408(b)(2) Disclosure ToolProduces fees disclosures in keeping with legal and regulatory standards
PlanPoint, PlanProfile, and FeeCheckerUses provider data that is straight from the source to give you a more complete picture of fees so you can make better decisions
V2.1 Full Benchmarking ReportHelps you analyze the reasonableness of fees, rather than merely knowing what they are

Prudent Fee Management

Expense AnalyzerProvides clarity on plan fees by generating a cohesive analysis and report. Shows immediately whether the plan’s fee structure is competitive.
Fee Comparison and Analysis EvaluationCreates a comprehensive fee-analysis overview covering total plan fees, including those for investment management, recordkeeping, and advisor/ consultant, as well as plan benefits and features.

Investments Suited to Your Plan Needs

Investment Due DiligenceTimely research reports from the LPL Financial Research Team, compiling precise quarterly reports to keep your advisor up-to-date on funds and the market.
Fund Line-up Comparison ToolCompares up to five service provider portfolios for fees and performance, demonstrating relative strengths and weaknesses of fund options.
Plan Advice ManagerEvaluates plan’s investment lineup and identifies funds that should be included on the “watch” and “replace” lists, based on the plan’s investment policy statement and selected fund parameters.