Balancing Plan Fee and Services
B3 Provider Analysis™: Live Bid Benchmarking
B3 Provider Analysis™ is a leading live-bid benchmarking system. Clients are able to compare the cost and quality of current providers against the capabilities of other bidders.
The comparisons are based on live provider retirement fee proposal (“RFP”) responses and take into account the plan’s complexity, parameters, investment lineup considerations and service requirements. The analysis compares 400+ data points in key areas, including record keeping, investment management, compliance services, employee education, and technology.
Prism™ Fee Benchmarking Report: Periodic Fee Benchmarking Against National Average
The DOL recommends taking retirement plans out to market every three to five years. Our B3 Provider Analysis™ system has that covered. Our Prism™ Fee Benchmarking Report is a quick and simple, fee-only benchmarking report compares your plan’s fees against 105,000 other plans.
B3 Provider Analysis™ and Prism™ technology is not proprietary to IMA Wealth, Inc. This technology is offered through the RPAG platform. RPAG and IMA Wealth, Inc. are separate, non-affiliated companies. IMA Wealth, Inc. pays RPAG for use of their platform and resources.