The service helps advisers and company plan sponsors determine if their retirement plan is fee competitive. Users may either enter the collected data themselves or Retirement Desk will read through provided agreements and statements to uncover the true costs of the plans. In addition, the proposal generation tool generates a proposal illustration with a competitively priced TD Ameritrade solution. Retirement Desk plans to add other vendors to the comparison tool in its next version.
The new services are designed for the small- and mid-sized marketplace because many larger plans have long utilized retirement consultants to benchmark their plans for them. Both services are now available at the company’s Web site and are currently free of charge to advisers and companies who register to the site when they submit their plan information.
For more information visit http://www.retirementdesk.com.