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Are your employees overpaying for their retirement accounts?
Let us help! We will review and assist in improving the prudence and function of your plan.

We will guide you through the management of your retirement plan and become investment co-fiduciary with you, so you can focus on keeping your community the amazing place it is!
Services

About Us

At The 457 Consulting Group, we work with public sector administrators as co-fiduciaries step-by-step to help ensure they are addressing their fiduciary duties with their retirement plan. This helps ensure the most appropriate plan available for the organization’s particular needs. 
This includes an evaluation of your current plan, benchmarking to assist with negotiations with your incumbent provider, full-service RFP support, fund lineup recommendations, model portfolios, fund and plan monitoring, participant education, and investment/education policy statement assistance.

Mission Statement

Our goal is to give every single municipal worker in the United State of America the tools they need to retire in a dignified manner.

Our Services

The FOUR Big Issues in the Current 457(b) Landscape Include:

High Fees
In our past plan reviews with municipalities, we have found the fees to be inappropriately high. In certain plans, they were 2 or 3 TIMES higher than benchmarks.
Education
The education programs are not being monitored for effectiveness or changed to fit current employee needs.
Multiple Plans
Utilizing multiple recordkeepers has been determined in Court to be harmful to employees. It can eliminate volume discounts obtained through consolidation, cause paralysis through analysis, and also become a burden on administration.
Poor Fund Performance
Many direct-from-recordkeeper sold plans utilize a standard lineup filled with revenue sharing and proprietary funds. Both of these can hinder performance.
About us
With the recent litigation against not-for-profit colleges for offering subpar retirement plan options, our goal is to add a layer of protection to municipalities that we serve. 
Read about those lawsuits in the link below.

Softax Customers 

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