Participant Services for DB Plans
Lump Sum & Pension Elections
No one takes participant services more seriously than we do.
A recent high-profile lawsuit, for the first time, demonstrated that companies can be sued for poor participant communications and assistance.
With our Lump Sum Analyzer (LSA), education, and participant consultants we provide an enhanced participant experience, increased goodwill, and potential reductions in fiduciary liability.
Aimed at improving the Participant’s Experience, our services, systems, and consultants can help participants and plan sponsors alike.
Systems – The LSA (Lump Sum Analyzer)
Our online system helps users decide which option is best for them and their retirement, independent of any product, carrier, company, etc.
The process begins with information. Participants are offered access to lump sum election education forums/meetings. They allow members to ask questions about their options and get as much information as they need/want to make their decision.
The personal, human touch. Working with specially trained advisers like those at Raymond James, all participants can access unbiased advice regarding their election and retirement planning during the election period. Consultations are available online, over the phone, and in person where practicable.