The joint effort incorporates benchmarking information combined with specific recommendations and suggested improvements for company retirement plans. Business owners will gain access to BrightScope’s data and analytics, benchmarking tools, and custom reporting, along with tailored advice from an experienced ERISA Attorney for $750 per plan.
“The Employee Retirement Income Security Act (ERISA) is a difficult law to understand and new fee disclosure regulations make it even more complicated for business owners to adhere to. With the ‘Retirement Plan Tune-Up’ business owners get a simple list of issues and solutions to make the required change to their plan – at a flat fee,” said Ary Rosenbaum, founder of The Rosenbaum Law Firm P.C.
“Many Plan Sponsors are already using our dashboard product to benchmark their plans” said Mike Alfred, CEO of BrightScope. “This partnership with The Rosenbaum Law Firm P.C. enables BrightScope analytics to be combined with specific, tailored advice and takes our…capabilities to the next level and ensures that the forward-looking plan sponsors will be huge winners in the coming years.”