Advantages of an unbundled retirement plan solution

In retirement plan terms, that can be a good way to think about the difference between a bundled solution from a single provider and an unbundled solution delivered by multiple specialists.

There are some things we're happy to buy right off the rack. After all, mass production usually means consistency and cost-savings. On the other hand, when we do buy off the shelf, we compromise on individual choice and sometimes flexibility in getting the exact qualities and features we want. In retirement plan terms, that can be a good way to think about the difference between a bundled solution from a single provider and an unbundled solution delivered by multiple specialists.

In a bundled approach, you typically accept a standardized plan design and one provider as record-keeper, TPA, investment manager and custodian. Investment offerings are also usually limited, and service delivery reflects the choices and qualities of the provider who may or may not be a leader in all facets of retirement plan work.

In our unbundled offering, we present a compelling alternative by offering expert and custom-tailored plan designs, broad open-architecture options for investment lineups and personalized, local service to support our relationship with you to help drive better results over time.

The key is appreciating that both models make sense if they are well-designed and well-delivered and most importantly, if they are matched to your business for the right reasons. We strongly believe that in many cases, you will benefit by the choice, flexibility and service quality of an unbundled approach. By delivering a custom-tailored model, we're better able to identify and serve your unique needs and goals.

Questions?

Don't hesitate to contact Brad Bechtel using the information below to discuss how we can help you custom-tailor your retirement plan solution.

Brad Bechtel

Senior Vice President
Employee Benefit Services

Brad Bechtel leads AGH’s employee benefit services (EBS) division, which serves clients nationwide. EBS is one of the region's largest providers of retirement plan recordkeeping services for daily valuation plans. The division provides consulting services to clients on employee benefit plans, including plan design, implementation, operation, fiduciary due diligence, compliance, and through affiliate AGH Wealth Management, discretionary and non-discretionary investment fiduciary services, investment advisory services and employee education.

Bechtel is experienced in executive compensation, including non-qualified, phantom stock, top hat and excess benefit plans, as well as other deferred compensation approaches. He has consulted for numerous Fortune 500 corporations on investment management and fiduciary due diligence. He also provides search and selection due diligence consulting services for companies seeking new investment and recordkeeping providers for their qualified plans. Bechtel is a registered investment advisor who holds Series 7, 24 and 66 FINRA registrations, and he is a member of the American Society of Pension Professionals & Actuaries.

Do you have 24/7 access to participant information and a direct line to customer support?
See how our recordkeeping services are different.