retirement services

At Hilb Group, we can help you create a comprehensive retirement plan – or enhance an existing program – that pursues your goals and those of your employees. Our consultants will take you through a proprietary process designed to find you the most appropriate solution, and monitor it regularly in an effort to help you create successful retirement outcomes for your employees.

Evaluation & Benchmarking

To help you build a stronger retirement plan for your company, we begin by evaluating your long-term objectives and concerns. We then analyze your current plan, including benchmarking investments, plan design and cost structure, to help maximize the benefits of your retirement program for your company and employees.

Investment Monitoring

Meeting your fiduciary responsibilities can be a complex process.
We help you manage risk by assisting you in developing a formal investment policy statement, establishing clear criteria for selecting and monitoring investment managers, and installing a comprehensive fiduciary process that includes developing committees to oversee investments, education and the plan as a whole. To help you document this process, we assist in creating a fiduciary package customized to your program.

Fiduciary Services

To stay current with the ever-changing economy and retirement plan industry, we’ll help you manage the health of your program over its lifetime, keeping you up-to-date on regulatory changes, program enhancements and investment due diligence on a quarterly, semi-annual or annual basis. Fiduciary services provided for advisory relationships, including ERISA 3(21) investment advisor services and ERISA 3(38) investment manager services.

Participant Education

We engage and motivate your employees to take control of their retirement, explaining the plan benefits in a relaxed atmosphere. To help increase participant satisfaction among a diverse demographic of employees over the long term, we also run regular on-site education workshops and financial planning seminars tailored to address their unique needs.

Provider Search

If your program needs a new approach, we walk you through the search process, managing the flow of information, reviewing proposals and guiding you to an educated decision. We then manage every step of the transition from your current retirement program to your new plan.