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Defined Contributions
R.V. Kuhns & Associates has extensive experience working with participant-directed defined contribution plans. It takes expertise and knowledge of this still-developing marketplace to decide whether a plan utilizes top investments, to know if the record-keeping services are keeping pace with new technology, and to evaluate the adequacy of communication plans.
The three main criteria for evaluating defined-contribution plans are:
- Investment Management
- Record-keeping
- Education/Communication
Each of these areas is important when selecting a provider for a defined-contribution Plan. We emphasize investment management, including the selection of proper investment vehicles, while keeping mindful of the fact that different plan sponsors have differing needs for participant education and communication. We believe that the marketplace has become competitive enough with regard to fees that a client should not have difficulty identifying an able record-keeper at a reasonable cost. There is no single "best" defined-contribution plan provider or even plan structure. In assisting our clients with selection of a new plan provider, we exercise due diligence on every investment manager prior to selection and utilize our extensive experience with and knowledge of the marketplace to identify a provider that best meets the needs of the plan sponsor and participants.
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