QP Consulting has a comprehensive approach to making sure your plan operates efficiently for your Human Resources Department as well as your employees. The following categories give a brief description of what types of services your firm can expect.

This is a category that is frequently overlooked by the investment community. Plan mediation between the employer and provider frequently is the solution to making sure a plan operates effectively. QP Consulting translates the needs of the employer to ensure they are compatible with the needs of the provider. QP also oversees the work being generated by the provider to make sure the employer is taking advantage of all rules and regulations that will enable their plan to operate at an optimal performance level.

In specializing in one aspect of employee benefits, QP Consulting can focus on understanding and guiding the client down the road to success. A retirement plan can only be great if it is understood and appreciated by all employees. QP Consulting works in conjunction with the provider to coordinate and deliver meaningful education meetings. We initiate follow up eQuestionnaires to the employer for distribution to employees so all questions and concerns can be addressed. In addition, we produce our own quarterly eUpdates that address current topics for our employers.

Many employers do not actively maintain an Investment Policy Statement. This is a living, breathing document that states the reasoning behind the investment offering that is made to the employees. In this tumultuous market, it is necessary for the plan trustees to make sure they are offering a broad array of investments. It is even more important for those trustees to monitor these investments in an ongoing fashion to ensure they have made the best possible offering available to their employees. QP Consulting guides your firm down the path to success with reviews that enable your trustees to make informed decisions thus lowering the potential for future employee litigation.

In certain situations, an employer may need to switch from one vendor to another. In recent years, the frequency of this type of change has increased as the market tightens and plan administrators are absorbed by larger firms. QP Consulting will manage this search on behalf of the employer to cut through the industry jargon and allow employers to compare vendors. In addition, QP Consulting will work with the selected vendor to manage the conversion so as to lessen the burden on the employer.