Knowledge Is Power
As plan sponsor, communicating the features of a retirement plan to participants is one of your many fiduciary duties under code 404(c) of ERISA. It’s also one of the most important ways you can arm your employees with the knowledge they need to build a foundation for financial success. Sound intimidating? Not to fear — Capstone is here to help bridge the gap between plan sponsors and participants by partnering with service providers to build a custom education program for employees. Our educational efforts begin with plan transition and enrollment, but they don’t stop there. Since the success of your plan is directly impacted by the success of the educational program behind it, we make it our business to support employees throughout their entire plan participation — whether that’s 2 years or 20.
Phase I: Open Enrollment
We work with the plan sponsor, the service provider, and plan participants to coordinate open enrollment through services such as:
- Pre-enrollment materials
- On-site group enrollment meeting with licensed securities representatives
- Webinar enrollment meeting capabilities for remote staff
- Enrollment presentation discussing plan features and investments
- Participant asset allocation assistance
- Customized enrollment booklets with:
- Enrollment Form
- Beneficiary Designation Form
- Rollover Form (if applicable)
