Comprehensive Plan Management
Countless regulations and an industry full of providers concerned with their own liability have left plan sponsors with the time consuming burden of running their plans. Without a qualified resource to guide them, many well-intentioned sponsors spend unnecessary time and money managing their plan.
We believe there is a better approach. Let our experts do the work of running your plan, so you can focus on running your business. Our Total Plan Management solution is designed to be flexible and allows your organization to delegate as little or as much responsibility as you like to our team, without giving up control.
Our process begins with an in-depth plan review of your plan, during which we focus on:
- Plan Design
- Plan Governance
- Costs and Vendors
- Participant Education and Retirement Readiness
Once we have a thorough understanding of your plan and your organization’s goals and objectives, we pull from our full suite of individual services to design and implement a full service solution specifically tailored to your plan.
Fiduciary Outsourcing Services
While the industry has turned the word fiduciary into a marketing buzzword, carefully crafting contracts that limit their exposure, LAMCO’s approach is different. We embrace our role as a fiduciary to your plan and believe it underscores our commitment to its success and its participants.
As an independent advisor, LAMCO is able to act as a fiduciary to your plan, allowing you to outsource responsibility and liability, while retaining control.