Fiduciary Services<br>3(38) and 3(21)

Fiduciary Services
3(38) and 3(21)

Ensure all ERISA Fiduciary Standards Are Met

Our Fiduciary Services help shoulder your fiduciary responsibility. We go beyond the industry standard to offer a full range of 3(21) and 3(38) fiduciary services. As a 3(38), we can take on fiduciary responsibility for participants. We also provide the Investment Policy Statement for the plan, as well as select and monitor the investment options offered.

Whether you’re a plan sponsor, financial advisor, or employer in need of a trusted fiduciary partner, we can save you valuable time by ensuring all ERISA fiduciary standards are met, while helping you better support your plan and participants.

Partner with a Complete Fiduciary Expert

GuidedChoice is unique in that we can act as a 3(38) as well as 3(21) fiduciary for defined contribution plans. Both offer indemnification for plan sponsors, advisors and our business partners for losses incurred from a breach of GuidedChoice’s fiduciary duty, and the option to use our Managed Solutions as a QDIA and way to meet 404(c) requirements.

Key Benefits of our 3(38) Fiduciary Services
Key Benefits of our 3(21) Fiduciary Services
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Assumption of fiduciary liability at a participant level

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Full responsibility for selecting investment options for the plan, fully customized to your investment strategy and based on a rigorous process

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Full responsibility of the monitoring and review process by our investment team, with the ability to add and remove funds and create watchlists that are closely monitored

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Issuing of quarterly fiduciary reports from our investment committee

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Quarterly fiduciary reviews

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Annual re-optimization

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Provides the Plan’s Investment Policy Statement (IPS)

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Initial selection with ongoing monitoring of Plan investment options, including investment replacements as needed

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Offer outstanding benefits to advisors: they maintain control of the assets, without the burden of fiduciary responsibility that can take time away from client engagement and success

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Investment strategy and fund recommendations for the plan

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Fund replacement suggestions

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Continued monitoring and replacement

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You maintain control of all plan decisions

Industry-Leading Oversight and Due Diligence

Our investment team follows a rigorous internal process to ensure you have the highest quality funds to serve a diverse employee base — strictly based on your investment strategy and preferred universe of funds.

All options are thoroughly researched to ensure they meet our exceptional standards, including a full analysis of the underlying funds

So your portfolio is never overweighted with an asset class already accounted for, or underweighted by missing an important asset class. We also help you better manage risk and maximize return by using diversified portfolios across a comprehensive set of asset classes.

A Reputation for Independence and Trust

For nearly 20 years, GuidedChoice has been a preferred fiduciary partner for employers and financial professionals who believe in greater transparency and accountability. As an independent company, our advice is always unbiased and free of conflicts of interest. We also have no proprietary funds to promote, so you can be confident that our recommendations solely work in the best interest of your plan and participants.

Explore the Advantages for Yourself

Learn more about our range of fiduciary services by downloading our latest materials. You can also visit our Resources section for additional reports and analysis.

Greater Convenience and Security for Less Cost

Our 3(21) and 3(38) fiduciary services are available on their own, or together for maximum benefit. Unlike others, we also never charge a premium for 3(38) services, so cost isn’t a barrier to extra fiduciary care. If you’re an advisor on Paychex, you can even leverage our fund lineups right now. Contact us to have our team prepare a tailored solution for you.

Find the Right Solution

Find the Right Solution

Retire Ready Simulator with Quick Enroll

Retire Ready Simulator with Quick Enroll

  • Get participants into plans quickly
  • Provide newfound clarity about personal retirement readiness
  • Improve enrollment, savings rates, and financial wellness

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Find the Right Solution

Find the Right Solution

Personalized Target Date+

Personalized Target Date+

  • A personalized QDIA that’s as easy as a target date fund
  • With a customizable lineup, this creates a personalized portfolio and glide path for each participant
  • 100% default, zero employee engagement required

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Find the Right Solution

Find the Right Solution

Asset Class Guidance & Retirement Planning with Managed Account

Asset Class Guidance & Retirement Planning with Managed Account

  • Provides free asset class guidance & retirement planning support, including outside accounts and savings advice
  • Opt-in to managed account for investment-level advice and ongoing account management on plan account
  • Can also provide advice on non-plan pre-tax retirement accounts

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Find the Right Solution

Retirement Income Solution

Retirement Income Solution

  • Personalized and actionable advice for participants who have retired or are about to retire
  • A tailored decumulation strategy to help employees make their money last
  • Advanced scenario planning to help retirees make better and more confident financial decisions

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Find the Right Solution

Fiduciary Services

Fiduciary Services

  • Can act as a 3(38) and 3(21) fiduciary
  • We ensure all ERISA standards are met and shoulder fiduciary responsibility
  • Industry-leading oversight and due diligence

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Find the Right Solution

Find the Right Solution

Financial Wellness & Retirement Planning Advice for Public Sector Participants

Financial Wellness & Retirement Planning Advice for Public Sector Participants

  • Offers public sector employees free asset class guidance & retirement planning support
  • Option for one-time fund level investment advice on both plan and outside accounts
  • Designed to improve savings rate, retirement readiness and engagement

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Find the Right Solution

Retirement Readiness Analytics

Retirement Readiness Analytics

  • Essential preparation and motivation for employees
  • Personalized assessments and recommendations
  • Gives employers a unique picture of their plan and participants

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