This module is great to use with prospects and clients (to model out potential recordkeeping/admin fee scenarios). It’s similar to the “Total Cost Projection” report in that it uses 10-year projections and estimated projected savings. However, it focuses solely on recordkeeping and admin fees. It’s also a great tool to model the long-term impact of asset-based vs. per participant recordkeeping fees.
Generating a Recordkeeping Cost Projection Report
Articles in this category
- Create Custom Fee Schedules
- Generating a Plan Cost Benchmarking Report
- Generating a Total Cost Projection Report
- Adding Annual Contributions (and Increases) to Both Total Fee and Recordkeeping Fee Projections
- Generating a Historical Fee Trend Report
- Generating A Recordkeeping Fee Benchmarking Study Recap
- Historical Fee Insights
- Recordkeeping Fee Benchmarking Study Recap - Total RK Fees and Savings
- Applying Different TPA Pricing Schedules to Different Recordkeepers
- Understanding the Fee Analytics Functionality
- Understanding the Fee Dashboard to Gain Insights Into Your Practice and Recordkeeper Relationships