Pension Plans

Professional pension services, prudent advice

Through our partnership with Burnham Gibson Wealth Advisors, we are pleased to offer comprehensive services for qualified retirement plans, including 401(k), 403(b), 457, profit-sharing and defined benefit plans. Burnham Gibson offers plan sponsors the following five-point program of consultation

Fiduciary Compliance

  • Fiduciary liability mitigation through proper documentation and ongoing monitoring
  • Adherence to investment policy statement and plan document
  • Continuity of fiduciary standards
  • Set up and maintain online fiduciary portal archiving plan documents, processes, executive summaries, and investment reviews
  • Provide fiduciary training and education for plan trustees

Investment Due Diligence

  • Investment policy creation, design, implementation and review
  • Assist in coordinating regular investment committee meetings to review selected investment options, legislative changes, and overall health of the plan
  • Performance due diligence and overall selection of investment options

Platform/Fee Benchmarking

  • Comprehensive vendor search based on your specific goals and objectives
  • Benchmarking analysis, relative to industry, to help ensure that your plan fees and capabilities are in line with or better than those of competitors
  • Transition and conversion support to new service providers through the preparation and management of conversion timeline, investment option mapping, and oversight on employee communication strategy

Employee Education and Communication

  • Development of comprehensive communication and education strategies customized to the needs of your employees
  • Ongoing education both in person and via web conferencing, supported by a team of trained professionals

Plan Strategy & Design

  • Contract analysis, including review of plan design, goals and objectives of your organization, overall strategy of plan
  • Recommend changes in plan design to help improve participation, administration, and ease of use

For organizations large and small, it’s never been more important to have a focused financial advisor with the resources to help you execute a responsible long-term plan. Click here to learn more about Burnham Gibson Wealth Advisors.