The iJoin program seeks to manage risk by efficiently positioning your investment according to the program’s analysis and your personal risk tolerance, age, savings and retirement goals.

401k legislation is ever changing and the rules outlining the responsibilities of a fiduciary are clear. The penalties for a fiduciary who has knowingly or unknowingly participated in an act that may be detrimental to an employees account can be severe. All too often, significant ancillary investment, record keeping, advisory, and administration fees are subtracted without sponsors and participants knowing the full extent of how their accounts are being reduced. Starting in January 2012, new DOL legislation requiring detailed fee disclosure will go into effect to address the current inadequacy of the rules. Rules 408(b)(2), (effective April), and (404(a)(5), (effective within 60 days of rule 408(b)2), will finally enable plan sponsors and participants to make informed decisions regarding plan choices and allow for plan comparisons like never before. Plan sponsors are obligated to ensure that their plans will be in compliance with the rules, and, as previously mandated by the Pension Protection Act of 2006, that fees being charged are “reasonable”. 401k management companies can mitigate a plan sponsor liability, including potential penalties and litigation.

When it comes to risk, many investors just assume that it is the “price of admission” for being invested in the market. They think they will just have to go along for the ride. What they don’t realize is that there are 401k management companies to help manage risk – by understanding the market and carefully monitoring its movements. But this task is not something easily undertaken alone. It is a job best left to the techniques of 401k management companies who make it their mission to monitor the market each and every day.

What can the iJoin participant enrollment solution provide your 401k plan participants?

• Interactive and professional fund selection
• Behavioral analysis portfolio diversification
• Dynamic weighting based on individual circumstances and responses
• Risk and reward strategies tailored to a participant’s specific circumstances

The iJoin program seeks to manage risk by efficiently positioning your investment according to the program’s analysis and your personal risk tolerance, age, savings and retirement goals. The process is designed to reduce volatility and favors capital preservation by selecting the asset classes and styles that are proving to be strong performers (positive momentum) and eliminating the asset classes that are experiencing poor performance (negative momentum). This program does not guarantee that your investment will be in the best performing fund over any given time period.

We urge you to contact us now in order to assist you in the above. We will help you address your company’s retirement plan needs and obligations.