True customization and personalization for plan and participants alike
Now more than ever, employees count on advice as part of their defined contribution plan, and expect their employers to provide it. Meeting this demand takes a trusted partner able to expertly assist participants, while protecting the employer from undue risk and reducing fiduciary liability. GuidedChoice not only answers that challenge, but goes beyond to ensure greater satisfaction and confidence.
Source: J.P. Morgan and David Blanchett, “The Impact of Expert Guidance on Participant Savings and Investment Behaviors”,
Working Paper (David Blanchett, August 2014)
A new level of customization and choice
GuidedChoice is unique in that we offer both traditional managed accounts and customized target date fund options. The goal is to give plan sponsors exceptional flexibility in creating the ideal approach for their participants, while helping to increase savings rates, diversification and participation levels. Choose either solution on its own, or integrate them in any combination that’s right for your plan.
Managed Account Service
Fully customizable to your plan’s investment strategy, guidelines and fund options, our Managed Account Service evolves with the participant to help them adjust their strategy as life situations or retirement goals change. It also makes defensive choices in times of volatility for increased long-term stability. Key benefits for participants include:
Key benefits for participants include:
- Advice based on participant goals, with non-plan household retirement assets also taken into account
- Allocations based on an assessment of each participant, including their risk tolerance, goals and other assets
- Savings rate advice that encompasses the participant’s plan and any outside retirement assets — including those of a spouse — to better help them achieve their goals
- Scenario planning to help participants see the impact other financial decisions have on their retirement goal
- Projected retirement income range for each participant, covering a range of market conditions to bolster confidence and knowledge
- Automatic rebalancing
- One click implementation of advice and account management
- Availability of live help
Key benefits for your plan include:
- 3(38) and/or 3(21) fiduciary protection, with 3(38) protection at a participant level
- Reporting that includes built-in measurement
- Approved QDIA to further encourage participation and participant savings
- Plans meet 404(c) education requirements
- Improves discrimination testing results: by improving participation and savings rates of the general employee population, you can improve the contribution caps imposed on the highly compensated
lack confidence in
their 401(k) decisions
want personal advice
about retirement savings
Source: J.P. Morgan and David Blanchett, “The Impact of Expert Guidance on Participant Savings and Investment Behaviors”,
Working Paper (David Blanchett, August 2014)
Retire Ready Portfolio
Exclusively for defined contribution plans, our Retire Ready Portfolio better serves participants while giving your company far greater confidence and control.
In an innovative step forward, we’ve taken the simplicity you expect from a TDF and combined it with a level of customization and personalization that no traditional TDF can match.
Key benefits for participants include:
- A tailored approach that uses your preferred funds from almost any fund universe to build a customized solution for participants
- Advice based on factors personalized to the participant: current age, planned retirement age, risk level and savings rate
- Personalized glide path for participants that fits their individual retirement goals and risk profile
- Projected retirement income range for each participant, covering a range of market conditions to bolster confidence and knowledge
Key benefits for your plan include:
- Customization to your investment strategy, guidelines, population segments and preferred fund family fee structures
- Greater diversification, as all assets no longer need to come from the same fund family
- 3(38) fiduciary liability protection at a plan and participant level
- Approved QDIA to further encourage participant savings and participation
- More control over fees, enabling you to keep costs low
lack confidence in
their 401(k) decisions
want personal advice
about retirement savings
Source: J.P. Morgan and David Blanchett, “The Impact of Expert Guidance on Participant Savings and Investment Behaviors”,
Working Paper (David Blanchett, August 2014)
To learn more about our methodology and customized approach, click here. You’re also welcome to explore our full range of fiduciary services.
More advantages without compromise
Through our customized approach and ability to fully personalize advice, participants are far more invested and satisfied with their plan — which creates a positive attitude that equally benefits employer and employee. Here are just some of the ways we work to assist everyone:
Improved long term outcomes
Participants who receive professional help with their 401(k) stand a greatly improved chance of achieving their retirement goals than those who do not — including a stronger commitment to maintaining and increasing their contribution levels.
Reduced HR burden
Many participants have little understanding of the fundamentals of saving for their future. As part of our service, we’ll help participants learn and adopt the steps they need to take to be truly prepared for retirement, so employers won’t need to take on the responsibility of educating employees.
Stronger confidence
80% of Americans between the ages of 30 and 54 believe they will not have enough saved for retirement.* By creating a personalized glide path and goals for each participant, we remove those worries and help to ensure they stay on track no matter how the markets or their life goals change.
Greater trust and transparency
Participants place a higher value on our advice because they know we are an independent company with no shareholders or affiliations. Everything we do is unbiased and in their best interests alone. We also work in open partnership with advisors and consultants, and lead the industry with solutions such as 3(38) fiduciary protection at a plan and participant level.
Competitive pricing
Our mission is to help everyone receive the professional management and advice they need for the future they want. That’s why our fees are priced to be more affordable, easier to understand and come with no minimum investment or plan balance requirements.
*Employee Benefit Research Institute (EBRI) 2015 Retirement Confidence Survey
Trusted by America’s most innovative companies
From Fortune 500 firms to fast growing start-ups, GuidedChoice is the preferred partner for companies who believe in providing greater employee satisfaction and care. Over our nearly 20-year history, we’ve helped over 2 million customers successfully plan for their future, and expertly manage over $15 billion in assets. We’re proud to offer the same level of innovation and performance to you.
Nearly
20 years
Of Innovation and Success
Over
2 million
Customers Assisted
Over
15 billion In Assets Under Management
More than 27,000 plan sponsors trust us to provide retirement planning advice to their employees
Our business team is always ready to listen to your objectives and challenges, and recommend a GuidedChoice solution tailored to the exact goals you want to reach. Contact us to arrange a no-obligation meeting or call today.
Companies that count on us include:
None of the companies listed above has provided an endorsement, either expressed or implied, of GuidedChoice or any of its products or services.
Discover the GuidedChoice difference for yourself
Now GuidedChoice can offer the power of a managed account with the simplicity of a personalized target date fund. Learn more by downloading our latest materials, or visit our Resources section for additional insight.
Customize the right solution for you
Our team is always available to help you explore how our managed account solutions can work for your company or client. Contact us today to arrange a personal meeting or call.
