401k & DC Plan Consulting | Fort Sheridan Advisors | Highland Park, IL
Services

Your Employees Deserve a Retirement Plan That Works for Them

We partner with employers as a 3(21) co-fiduciary — helping design, govern, and continuously improve plans that serve both your organization and your people.

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DC Plan Services

401k Management

Being a plan sponsor carries real fiduciary responsibility — and the decisions you make have lasting consequences for your employees. We make that responsibility manageable.

AAs your 3(21) fiduciary advisor, we provide investment advice and fiduciary support to help plan sponsors meet their responsibilities. We handle ongoing investment monitoring, committee support, fund lineup reviews, and regulatory documentation so your HR and finance teams aren't left holding the bag.

Fort Sheridan Advisors 401k consulting team
Why It Matters

A Strong Plan Is Good Business

Most employers think of their 401k as a compliance obligation. Some view a well-designed retirement plan as a valuable tool that may support recruiting and retention efforts.

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Attract Better Talent

A well-designed retirement plan is one of the most valued benefits in any compensation package. In a competitive hiring market, a strong 401k can be the deciding factor for top candidates choosing between offers.

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Reduce Turnover

Employees who feel financially secure — and who see their employer investing in their future tend to stay longer. Lower turnover means lower recruiting costs, better institutional knowledge, and a more stable organization.

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Lower Plan Expenses

Most plan sponsors are overpaying — for recordkeeping, investment management, or both. We benchmark your plan against peer plans of your size and identify where fees can be reduced without sacrificing quality.

If You Find Yourself Asking…

Questions We Hear From Plan Sponsors

Are we meeting our fiduciary obligations — and how do we document that we are?
Are our plan fees reasonable compared to what's appropriate for our size?
Is our fund lineup well-designed for our participant demographics?
How do we help employees actually engage with their retirement savings?
Should we consider a different recordkeeper, or benchmark the one we have?
What happens if a participant or regulator questions a decision we've made?

We assist with ongoing investment monitoring, committee support, and fund lineup reviews to help your team fulfill its fiduciary responsibilities. You stay in control — we do the heavy lifting.

What's Included

401k & DC Plan Consulting Services

✓ 3(21) co-fiduciary advisory services
✓ Quarterly investment monitoring reports
✓ Investment policy statement (IPS) drafting
✓ Annual fee benchmarking & 408(b)(2) review
✓ Employee education webinars & materials
✓ One-on-one consulting for senior executives
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Get in Touch

Schedule a no-obligation consultation with one of our plan consultants. We're here to help you build a better retirement plan for your employees.

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