Full recordkeeping and plan administration search. We evaluate recordkeeper capabilities, participant digital experience, plan sponsor reporting, compliance support, communications, and fees.
Pension administration provider search covering benefit calculations, participant services, regulatory compliance, payment processing, and system capabilities.
Search and evaluation of financial wellness services, including digital tools, coaching programs, and participant engagement platforms.
Equity compensation administration provider search covering restricted stock units, stock options, performance shares, and other equity awards, plus ESPP and related reporting and compliance.
Nonqualified defined contribution plan administration provider search and evaluation, including deferred compensation, excess plans, rabbi trust arrangements, distribution management, and plan design support.
Assessment of the incumbent recordkeeper’s service delivery, technology platform, participant experience, and compliance support.
Recordkeeping and administration fees benchmarked against Curcio Webb’s proprietary database of negotiated fees for plans of comparable size and complexity.
Assessment of provider contracts, service agreements, and service level commitments to identify gaps, risks, and renegotiation opportunities.
Project management and coordination during provider transitions, system conversions, and data migrations.
Governance audits, compliance checks, and operational risk assessments for ongoing plan administration.
Questions plan sponsors ask us most often about this work.
A typical recordkeeping search takes 10 to 14 weeks from RFP issuance to finalist selection. Implementation with a new recordkeeper adds another 6 to 12 months depending on plan complexity.
We benchmark fees against our proprietary database of negotiated recordkeeping fees, segmented by plan size, participant count, and service scope. This provides a direct comparison rather than relying on industry surveys.
Beyond fees, we evaluate the participant digital experience, plan sponsor reporting, compliance capabilities, communications support, and the recordkeeper’s commitment to the employer market segment. Service quality and strategic fit matter as much as cost.
Common triggers include a material decline in service quality, a lack of investment in technology, fees that are significantly above market, or a change in the recordkeeper’s ownership or strategic direction. We suggest a formal evaluation every five to seven years.
Yes. We present our analysis and work product directly to the investment or benefits committee, provide all documentation needed for fiduciary files, and support the committee through finalist interviews and final selection.
We provide implementation oversight including project management, timeline tracking, data migration coordination, and communications planning. Our team works alongside the plan sponsor and both the outgoing and incoming recordkeepers to keep the conversion on schedule and the data accurate.