Client: Non-Profit Organization

Challenges

• No formal investment committee.
• Lack of employee investment education.
• Low participation.
• Underperforming investments.

Strategy

• Form an investment committee and have an annual plan review.
• Assist with the creation of an investment policy statement.
• Approach vendor and seek to enhance investment platform.
• Customize group meetings based on assumed level of investment knowledge.
• Employ one-on-one meetings to improve participation.

Results

• Increased plan fiduciary understanding of responsibilities and implemented fiduciary protection tools.
• Investment Policy Statement provides for a prudent and efficient process in monitoring investment choices.
• Maintained the same vendor and expanded investment offerings on new platform.
• Increased participation by 15% in 2009 even with the effects of 2008 still lingering.

Client: Aerospace Company

“S.L. Reed & Company keeps our plan current with industry changes and running smoothly, which is key for a mid size business trying to run a competitive 401k plan.   As for the fund choices they help us provide to our participants, I would put them up against any you would find in the “big” aerospace plans.”

Client: Architecture Firm

“Our participation levels have grown ever since you’ve been our broker and we really appreciate your guidance. You’ve truly steered us in the right direction!!” (Controller)

Client: Law Firm

“Our firm is very pleased with the service provided by S.L. Reed. In particular our account representative, Ken Kilpo, has done an excellent job of representing us and providing timely educational information to us and our participants.” (Law Partner)