At its peak in the early 1990s, there were over 2,000 recordkeepers serving retirement plans – today there are fewer than 60. In light of service-provider profit pressures from declining margins, sponsor fee sensitivity caused by litigation and Department of Labor’s fee-disclosure regulations, finding the right plan vendor for the right price can be a challenge.
This is where Wayne Bogosian and Greg Limoges come in. They’ve made careers of wading through ERISA’s “prudent expert” rule by helping companies choose the right retirement plan provider.
