Go Beyond conventional security. With Marsh & McLennan Agency formerly Benefits Resource Group as your co-fiduciary, you can rest assured that you are meeting regulatory responsibilities.
As the fiduciary of your plan, you have critical responsibilities, including liability for all plan decisions. We understand that fiduciary responsibilities are challenging, time-intensive and involve a foundation of policies and procedures. Marsh & McLennan Agency formerly Benefits Resource Group is different than other benefits consultants because we partner with you as a co-fiduciary. This means you gain bench strength from our third-party programs, which evaluate funds based on your investment policy statement and safeguard fund recommendations from conflicts of interest. As a co-fiduciary of your plan, we are in it together, and this assures you added plan protection and complete financial transparency.
Added-value protection. As a co-fiduciary on the plan, we take our responsibility seriously. That’s why we prioritize education—providing you with relevant, important information on new ERISA fee disclosures and other regulatory obligations. We’re an independent third party that monitors regulations and compliance while ensuring due diligence. We make sure you’re equipped with proper plan governance and a clear understanding of what it means to be a fiduciary.
Comprehensive review. A complete fiduciary review can reveal annual plan savings and true costs. Our bulletproof process includes fiduciary due diligence and support. Marsh & McLennan Agency formerly Benefits Resource Group will ensure the implementation of fiduciary processes, which reduces liability. Plus, we focus on your long-term performance and provide tools to help you compare procedures.
Implementing strategy. As your co-pilot, we dig deep to get to know your organization and develop a long-term benefits strategy that aligns with your business plan. We work with you to develop an investment policy statement and we ensure that funds are performing up to expectations. And, we help design internal processes and effectively implement those procedures.
Contact Charles J. Farro – CEO, Cleveland Market at Marsh & McLennan Agency formerly Benefits Resource Group
Contact Marsh & McLennan Agency formerly Benefits Resource Group today and find out how we can guide and support your investment and benefits planning as a co-fiduciary. Call 216.520.5000 or leave a message for Charles Farro below.