Fiduciary Oversight

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Castner Josephs Group LLC, a National Retirement Partners member firm, assists plan sponsors with compliance of ERISA fiduciary standards. Our solutions guide fiduciaries through the matrix of investment committee training, plan governance, provider monitoring, and proper documentation.

Fiduciary Standards

Our clients wear many professional hats. And while they may spend the least amount of their working life on retirement plan issues, their fiduciary role possesses the most significant amount of personal risk in the corporate arena. Inundated with primary job functions, finance and human resources executives lament their lack of time and tools to fulfill their fiduciary accountabilities, with a high level of assurance and protection. This uncertainty is the main cause of their concern towards their personal liability as a fiduciary.

To meet this void, Castner Josephs Group LLC, a National Retirement Partners member firm, offers a fiduciary oversight program that delivers protection and ensures excellence in plan management through independent governance and monitoring. Castner Josephs Group LLC offers the fiduciary oversight program to its member advisors' plan sponsor clients.

Castner Josephs Group LLC clients satisfy the following fiduciary functions with an uncompromised level of assurance:

  1. Demonstrate prudence through a document trail;
  2. Understand the key factors around investment management decision making;
  3. Adhere to the plan document and the committees' investment strategies;
  4. Avoid conflicts of interest;
  5. Monitor service providers according to appropriate benchmarks of fiduciary excellence.

How we assist our clients in reducing their fiduciary liability:

Easy to Use

Fiduciary functions are managed effectively through a written fiduciary arrangement. With our program you save time, reduce personal risk, and gain access to critical fiduciary tools.

Procedural Due Diligence

Castner Josephs Group LLC assists the investment committee in adhering to ERISA’s prudence requirements through a trail of informed decisions. With a point and click, fiduciaries can evidence their investment rationale and map key decisions to the plan’s guiding documents.

Continuity of Conduct

We ensure a high level of continuity in the event of investment committee turnover. Our fiduciary oversight program preserves the integrity of past decisions and provides effective succession for future fiduciary governance.

Clarify Roles and Responsibilities

We help investment committees align internal responsibilities and benchmark the services of operational platform providers such as administrators, record keepers, custodians, and investment managers.