The SRP Approach
It takes a good process.
Your SRP advisory team is focused on making sure you are on solid fiduciary footing, optimizing your plan design, and most importantly, on helping you and each of your employees work toward achieving better outcomes in retirement.
A Solid Fiduciary Foundation
Establishing a strong fiduciary foundation is one of the most impactful steps a retirement plan sponsor can take to ensure confident, compliant plan oversight. With SRP, sponsors gain clarity on fiduciary roles, responsibilities, and documentation—empowering them to make informed decisions and reduce risk.
Our onboarding process includes practical & approachable training that helps sponsors and committee members understand:
- What it means to be a fiduciary
- Who serves in a fiduciary capacity
- How to document fiduciary roles and responsibilites
To support this, SRP provides a suite of ready-to-use templates to help formalize your fiduciary governance structure. This includes Retirement Plan Committee Charters, Board Resolutions, Committee Acceptance Letters, and Investment Policy Statements.
The result? A well-informed, well-documented committee structure that gives plan sponsors the confidence to manage their plan effectively – backed by a clear governance process and aligned with regulatory expectations.
Thoughtful Plan Design
It may seem obvious, but assuring your plan design is optimized to meet your needs and goals is essential to a successful savings path. Such a plan considers your current and future situation, company demographics, and retirement income needs. SRP’s Plan Design Optimizer considers these factors and more.
Once this is established, we collaborate with you to engage and educate your employees about the impact of financial choices and long-term retirement readiness. It’s all about better plan design and more personal engagement.
Attract and Retain Talent
Grow Owner and Employee Wealth
Invest Wisely
Investment analysis and advice is the cornerstone of our practice. Our due diligence process is designed with the goal of helping you minimize fiduciary risk and enhance retirement saving opportunities for your employees.
Select
Monitor
Document
To establish and maintain a best-practices retirement plan, we collaborate to create clarity around selecting, monitoring, and documenting the investment process.
Fiduciary Training
As a retirement plan sponsor, your fiduciary responsibilities are critical to the success and compliance of your workplace retirement plan. Our Fiduciary Training program is designed to give you the confidence, clarity, and tools you need to fulfill your role effectively.
What You’ll Gain:
- A clear understanding of your fiduciary duties and how to mitigate risk
- Up-to-date insights on legislative and regulatory changes that impact your plan
- Practical guidance based on industry best practices and real-world litigation lessons
- Confidence in your ability to respond to Department of Labor inquiries and audits
This training isn’t just about compliance—it’s about empowering you to make informed decisions that protect your organization and support your employees’ retirement outcomes.
The Value of Benchmarking
We at Strategic Retirement Partners recognize the importance of fee analysis and vendor reviews. We believe regular RFP/benchmarking reviews help keep your plan features and costs competitive. That’s why we’ve established a benchmarking process that helps clients optimize the value that they get for the investment they make in their company retirement plan.
1
- Discuss service provider selection
- Gather information
- Send RFP questionnaire to qualified service providers
2
- Receive RFP responses
- Analyze and present findings
3
- Renegotiate fees/services from incumbent
- If not accepted, RFP continues
- Semi-finalists selected
4
- Present final RFP analysis
- Select Finalist service providers
- Finalist presentations
- Make final decision
5
- Implement winning service provider
- Begin conversion process
With SRP as a fiduciary partner, you’ll be free to focus on what you do best.