About Us
401k Benchmarks...
Is a service provided by Strategic Retirement Partners (SRP), an Investment Advisory Representative of Kestra Advisory Services, LLC. We provide Registered Investment Advisory (RIA) Services that are exclusively focused on the employee based retirement plan market.
401k Benchmarks was created with the intention of providing a clear and easy avenue for Plan Sponsors to confidently and confidentially test the market for fees and services pertaining to the retirement plan.
With clarity, you can validate your fees and services, renegotiate with your current Provider(s), or select a more appropriate partner.
Our Beliefs...
Quality investment due diligence, fiduciary risk management, and plan design consulting are table stakes for any respected specialist advisor.
Our difference resides in our core principles, which are: Create clarity; Keep fees low; Promote fairness; Be a catalyst for healthy saving behavior; and Great ideas into the public domain.
And our focus on the actions that support them: 1) Provide exceptional service; 2) get participants across the finish line; and 3) help our partners stay out of hot water.
Our Experience...
Time and again we see that most Plan Sponsors do not have the depth and breadth of knowledge to assess their own providers, but that is precisely what is required.
Under ERISA, Plan Fiduciaries are required to pay no more than is reasonable for the services delivered. And it is incumbent on them to determine what is indeed reasonable.
It is our experience that the only way to establish reasonableness of fees and services is to test the market with a "Live" bidding process.