DC Plan TDF Review Worksheet

No matter what type of TDF is under consideration (i.e., pre-packaged, semi-custom, or fully custom), financial advisors skill and deep understanding of the Defined Contribution plan landscape are invaluable in helping plan sponsors meet their ERISA fiduciary responsibilities by guiding them through a prudent process for evaluating the plan TDF(s). Use the DC Plan TDF Review Worksheet to capture key criteria and discussion points to facilitate an effective review process for plan fiduciaries. Some areas include:

  • TDF Selection Process and Validation
  • Establishment of Periodic Reviews
  • Examine Expenses and Fees
  • Identify Participant Communications and Required Disclosures
  • Document Results of the Review and Amend Plan Documents
  • Special Considerations for the Design and Maintenance of a Custom or Semi-Custom TDF