At Veratis, we are true defined contribution plan consultants, and we understand that corporate retirement plan optimization requires a different level of involvement with clients. However, given the impact of our work, we wouldn’t have it any other way.
Corporate Retirement Solutions for Organizations
An uncommon commitment to an important benefit.
Optimizing the whole requires work in the parts.
There are several key areas of a retirement plan arrangement that must effectively come together to maximize the quality of the benefit. Where we are different is our commitment in each area to achieve results that are unattainable without a more in-depth consulting approach.
Provider Selection
There are a wide range of record-keeping options, but the experience of our team and the strength of our process helps our corporate clients more efficiently find the right provider fit.
Employee Education
Retirement outcomes are meaningfully impacted by participant decision-making – during enrollment and over the years. This is why we place such an emphasis on building knowledge with our education strategies.
Fiduciary Oversight
Veratis is a fit for plan sponsors who understand that a commitment to due diligence and maximizing the quality of their plans for participants is the most effective way to reduce fiduciary liability.
Plan Design and Operations
Given the influence plan design has on participant actions, sponsor costs, and operational accuracy, our consultants ensure that clients holsitically analyze all important angles when making design decisions.
Institutional Investment Process
We started with a strong process over 20 years ago, and we have been improving it ever since.
Veratis focuses on mid and large-market clients, and we have always been a named fiduciary in the plans we serve. Therefore, we place an emphasis on the factors that contribute to long-term investment success for plan participants – talented and knowledgeable people, compensation purity, complete investment flexibility, and a strong process that guides our Investment Committee’s decision-making.
Custom Asset Allocation
Our corporate clients tell us that the quality of our asset allocation solutions is a differentiator.
We create custom target date or target risk portfolios for our clients, and in our opinion, this proprietary approach 1) helps to offset the “cons” of fund company solutions, 2) increases participant suitability, 3) improves retirement outcomes, and 4) reduces fiduciary liability for plan sponsors.
