Reduced costs by $143K

Case Study: Multi-Location Retailer

Industry: Consumer Retail
Employees: 420
Problem: The CFO discovered audit flags during annual plan review related to high participant fee dispersion and inconsistent fiduciary file maintenance. Their plan was also out of alignment with industry pricing benchmarks.
Result: Our audit revealed a 39% fee reduction opportunity. With our guidance, they consolidated services, streamlined fund menus, and reduced total plan costs by $143,000.