SAVE TIME AND STRESS BY USING
A 401(K) PLAN ADVISOR
Outsource to a 401(k) plan advisor to help craft and manage your client’s plan so you can focus on running your business.
Additional support for your fiduciary responsibilities
Using an independent, third-party fiduciary for investment-related obligations can give you an additional layer of liability protection.
Purkat provides an easy way for advisors to outsource the evaluation, design, and management of their client’s 401(k) plan while keeping the client relationship in-house. Purkat Financial partners with you to offer your client a premier 401(k) plan package.
Key Benefits for Financial Professionals
COMPARE Plan Options – We provide options so you can compare your client’s current plan against a new suggested portfolio to fit your their needs. Purkat helps by handling the evaluation and managing vendors, investment options, and liability issues.
REDUCE Liability – Employers have a specific obligation to consider the fees and expenses paid by their 401(k) plan and this has become an area the DOL has increased focus on. Purkat can help you meet these responsibilities by providing additional support for plan and vendor evaluations and monitoring.
EXPEDITE Fund Evaluations – Purkat can help you by reviewing funds being considered for adding or removing from a portfolio with all the data points needed to fulfill due diligence. Purkat can alert you of changes in your client’s plan funds ranking so you can proactively change your plan’s lineup.
OFFER DIVERSE OPTIONS – Use Purkat’s services to help confirm your client’s plan includes a prudently diversified multi-asset class model.