Defined Contribution Plans
JHBenefits services a wide variety of benefit plans for clients. Our administrative services packaged for retirement plans include strategic plan design and compliance services, including documents, government filings and payroll support.
Fiduciary Consulting
By far, the fastest growing area of retirement plan litigation involves operational failures. We provide clients in-depth reviews of their process to help protect the plan and its fiduciaries.
Plan Review
Second opinion “Design Review” determines the best plan design to fit the client’s needs. Benchmarking – ERISA requires that plans do not pay unreasonable fees. We provide detailed studies, by plan function, to determine if plan costs and services are market price competitive against a substantial peer group database, which provides evidence of prudent exercise of fiduciaries judgement and protects them from the personal liability that accompanies these duties.
Participant Education
Some of our clients retain us to provide unbiased Plan & Investment education to participants. This provides a much needed service to participants, while also assisting and protecting the fiduciaries in the performance of their duties.