Perseptiv acts as your plan's independent system of record: one place for the plan's decisions, documents and data. We do the recurring work behind your committee's process, so the process is consistent and the record is complete.
Your advisor, recordkeeper, TPA and auditor each are responsible for their own job. Committee members have other jobs. Over time, the plan's history ends up spread across providers' reports, portals and inboxes.
We gather your plan documents, contracts and history, and set up your portal.
Each quarter, we update plan vitals, benchmarks and investment monitoring.
Once a year, we review every service provider on your plan.
We run one search a year, rotating across your advisor, recordkeeper and auditor. A search is a market check, not a commitment to switch.
An account for every committee member, updated each quarter.
Plan vitals, fee and plan design benchmarks, and investment monitoring.
Findings for every service provider, with a Retain, Monitor or Replace decision.
A documented RFP, rotating across your advisor, recordkeeper and auditor.
Decisions and the information reviewed, pulled from your minutes and linked back to them.
See how the managed service would run for your committee.
Your advisor, recordkeeper, TPA and auditor are responsible for their own piece. No one is responsible for the whole picture except your committee.
Perseptiv doesn't replace any of them. We bring their work together, check it against each other and the market, and surface what your committee needs to know, fully on your side.
Reports, fee disclosures and findings from every provider, in one place.
Fees, service and performance checked against benchmarks and what each provider committed to.
We help figure out what happened and who needs to fix it.
Someone independent to think a decision through with before your committee makes it.
We don't replace any of your providers and we don't give investment or legal advice.
Most of a plan's fiduciary history lives with its providers: in your advisor's reports, your recordkeeper's portal, someone's inbox. When a provider changes, much of it goes with them. Perseptiv keeps the record with the plan: every provider review, fee benchmark, search and committee decision, in one place that belongs to the sponsor, whoever your providers are.
Your history, fee data and decisions stay with the plan, not the provider.
The search, the comparison and the reasoning behind the decision are on record.
New members can see what was decided, what it was based on, and why.
People rotate off committees, HR leaders move on, and advisors and recordkeepers change. The decisions stay in force, but the reasons behind them often leave with the people who made them. Perseptiv records each decision with the information it was based on and any follow-ups, so a new member, a new HR leader or a new auditor can see how the plan got here without relying on anyone's memory.
Retirement plan sponsors carry fiduciary responsibility under ERISA. Perseptiv supports the committees and teams who carry it for 401(k) and 403(b) plans.
A consistent process for every provider decision, and a record that shows how each one was made.
The recurring work behind your governance process handled, without adding it to your team's workload.
A clear view of what the plan pays, and whether it's competitive.
An audit-ready record, kept by a party with no stake in any provider.
We'll show you where Perseptiv fits.