Westminster Consulting Brochure Defined Contribution & Defined Benefit | Page 28
FIDUCIARY DUE DILIGENCE
START WITH THE BASICS
Address Other Issues
•
•
•
•
COMPARE ALL RE
PROPER BENCHMARKS
IPS STATEMENT
CHARTER
BY LAWS
PLAN DOCUMENT
enrollment
updates
MAINTAIN AND
ITEMS BESIDES
TO MONITOR
client service
issues
31
regulatory
updates
26
Let Your IPS
BE YOUR GUIDE
Establish
quarterly plan
committee
meetings
Vendor
Performance
REASONAB
FEE
Are Vendors
complying with
their written
agreements?
Comp
indepe
bench