Retirement Plan Recordkeeping Solution Research
RJM Resources will assist you in researching and analyzing alternative recordkeeping solutions. We will help you find and evaluate alternative recordkeeping systems and ancillary support systems, including:
- trading
- pricing
- settlement solutions
Retirement Plan Record Keeping System Selection (RFP)
Our Request for Proposal (RFP) process provides retirement recordkeeping firms with a deep understanding of what each potential vendor firm/system offers. Functionality, cost, supporting services and client commitments are reviewed by our team and reported back to you in an executive summary.
The final vendor selection process will be led by an experienced RJM Resource consultant. The final decision is yours – our job is to make sure you have all the information and insights to make the right decision.
Recordkeeping Vendor Contract Negotiations
Per participant costs are a key variable when determining vendor suitability. RJM Resources will compare proposed costs to existing and competing vendor costs. The gross fees will be translated to a per participant cost to assist you in your final evaluation.
White Labeling / Outsourcing
As we review your service offerings and costs, it may make sense to review recordkeeping outsourcing as a viable solution. We have a large network of recordkeeping providers looking for opportunities to increase their participant volume. They offer fully disclosed outsourcing solutions and white labeled solutions.
Record Keeping Solution Selection
RJM resources will provide a side-by-side comparison of each vendor for your team to review. We will walk the team through the final selection process to make sure you are positioned to choose the best service provider.