781-930-3301
IMPROVING
RETIREMENT OUTCOMES
MITIGATING
FIDUCIARY LIABILITY
Partner with Gosselin Consulting Group
A specialist in retirement plan consulting
AREAS OF EXPERTISE
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Plan Design ServicesOngoing analysis and review of plan demographics and design features (i.e. auto-enrollment, company match, participant education and communication strategy) Service provider collaboration (to lessen committee workload) Participant communication / education material review and strategy
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Vendor Search ServicesStart to finish management of the recordkeeper search process (in collaboration with committee) Design and distribution of Request for Proposal (RFP) to appropriate vendors Assessment of vendor responses and creation of executive summary / comparison Coordination of finalist meetings Support throughout implementation process (if new vendor selected)
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Operations Support ServicesCollaboration and support across all service providers to ensure consistency and efficiency (i.e. recordkeeper, investment managers, auditor(s), outside counsel, third party administrator, insurance provider(s)) Manage and support for investment / fund changes, including implementation of non-registered vehicles (CITs, separate accounts) and approvals for asset capacity constrained products Plan merger and acquisition support (mappings, communications, education, fee negotiations)
OUR VISION
With a nearly exclusive focus on working with Defined Contribution (“DC”) retirement plan sponsors, Gosselin Consulting
Group seeks to mitigate fiduciary liability exposure for our clients. We believe this will lead to improved plan participation
and engagement resulting in better participant retirement outcomes and overall retirement readiness. We pride ourselves
on providing each unique client with fully customized and proactive forward-thinking advice backed by comprehensive research, prudent process, sound reasoning, and extensive documentation.
100% Independent
& Employee-owned
Documented
ERISA Fiduciary
> 27 Years of (Average)
DC Experience
Excellent Client Retention Since Firm Inception
OUR CONSULTATIVE APPROACH
As an advocate and direct extension of our clients’ retirement committees, Gosselin Consulting Group is dedicated to addressing the unique needs of (and challenges faced by) DC retirement plan sponsors. To best align our interests with those of our clients, we serve as an acknowledged and documented ERISA 3(21) or 3(38) fiduciary. We’re known as a “boutique” consulting firm, offering the full service typical of much larger organizations but with the benefits of a small firm approach and cost structure. We collaborate with each client and create a customized approach tailored to their plan’s demographics.
Asset class structure is of equal importance to manager selection when constructing an investment menu
Managers who invest in higher quality securities (vs benchmark) can mitigate downside performance risk and outperform (long-term) at lower risk (long-term)
Solving for the many DC fiduciary investment risks helps reduce the probability of participant account impairment and mitigate fiduciary liability
A SAMPLING OF OUR DC STRATEGIES & PERSPECTIVE
Quality Matters
Choosing equity investment options for use in a Defined Contribution plan is not just about selecting the best manager in each of the plan’s asset classes - there are many competitive managers in most investment categories, yet some may not be suitable or appropriate for use in a DC plan. We believe a deciding factor behind the selection decision should be based on the quality of a portfolio’s underlying holdings.
Focus on Fees
At Gosselin Consulting Group,
we believe an equitably distributed direct per participant fee (by use of a fixed dollar per head cost rather than percentage or basis points) is the most appropriate plan financing strategy for most plan sponsors. This approach:
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fairly allocates recordkeeping costs across all participants
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minimizes or eliminates participant subsidization
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provides participants with full plan administration fee transparency
Understanding ERISA 404(a)
The Employee Retirement
Income Security Act of 1974
requires that a Defined
Contribution plan identify one or
more named fiduciaries in the
plan document. In addition to the
named fiduciary(s), a person may
also be considered a fiduciary
based on their conduct and
authority over the plan. It’s
critical to know if you are a
fiduciary and understanding your
responsibilities are key to
reducing risk.
OUR TEAM
Founded in 2010 as a “boutique” consulting firm, our team averages over 29 years of experience in the financial industry. We offer a unique and blended perspective to the marketplace having worked for some of the industry’s largest recordkeeping and asset management firms while serving the dual roles of investment consultants and research analysts. We have extensive experience developing investment strategy research models and managing open investment architecture platforms for DC plan sponsors. Our experience ranges from working with plan sponsors of all sizes. Regardless of plan size and characteristics, we bring a proactive, customized, and client-first approach to each of our client relationships.
For more information please contact us at:
peter.gosselin@gosselinconsultinggroup.com
Gosselin Consulting Group, LLC
25 Braintree Hill Office Park, Suite 200
Braintree, MA 02184
781-930-3301
If more convenient, we also welcome you to complete the form below and one of our representatives will contact you within 48 hours.
CONTACT US
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