Fiduciary Support

Montgomery Retirement Plan Advisors serves your plan as an ERISA 3(21) or 3(38) fiduciary.

Fiduciary Confidence

We uncover and tackle risks you may not be aware of. Federal law and many states require that employers bear significant fiduciary responsibility for their organization’s retirement plan. Fortunately, employers are permitted to hire experts to assist with these critical duties, and Montgomery Retirement Plan Advisors will serve your company as an ERISA 3(21) or 3(38) fiduciary.

Anyone who has faced off against litigation or a regulatory audit can confirm that the best protection comes from following a proper oversight process and documenting it clearly. Following CEFEX® certified fiduciary best practices, we help mitigate our clients’ liability by offering comprehensive fiduciary guidance, committee training and documentation.

Our Fiduciary Checklist

On a regular basis we will conduct an in-depth Fiduciary HealthCheck™ assessing over 40 key areas of plan governance to identify gaps and suggest solutions.

  • Form a retirement plan committee
  • Implement an investment policy statement
  • Conduct regular in-depth Fiduciary HealthCheck™ assessments to identify gaps
  • Monitor plan investments and operation
  • Understand plan fees: What is charged and who gets paid?
  • Stay up on recent regulations and court rulings
  • Maintain audit-ready fiduciary files
  • Draft minutes of your committee meetings
  • Conduct due diligence on your service providers
  • Negotiate vendor contracts
  • Document fiduciary best practices with minutes and checklists

Seasoned, Credentialed Experts

Because all MRPA plan consultants serving your plan hold the Accredited Investment Fiduciary®(AIF®) designation and several are Certified Plan Fiduciary Advisors®(CPFA®), you can have confidence that you are being guided by a highly trained fiduciary. Our firm also holds the coveted CEFEX® certification of the Centre for Fiduciary Excellence*, including ERISA 3(38) investment management. We are one of a very small number of firms nationwide to achieve this independent certification.

MRPA is one of a select group of retirement plan consulting firms to be CEFEX® certified by the Centre for Fiduciary Excellence for their capabilities and fiduciary practices. We are voluntarily reviewed on an annual basis by CEFEX, generally through a rigorous on-site examination, to certify our compliance with fiduciary best practices, including potential conflicts of interest.

The CEFEX Public Certification Report states “The Montgomery Retirement Plan Advisors continues its commitment to the industry best fiduciary practices. Of particular note is their willingness to assist plan sponsor clients in designing and implementing a customized retirement plans for their employees with the best mix of funds and other service providers. The Advisor excels in its frequent monitoring and analysis of existing funds in the lineup. The Advisor proactively replaces funds which for one reason or another become less beneficial to the participants. The Advisor continues to pro-actively adjust his practice as the retirement plan landscape continues to evolve in a way that best serves the interests of its clients.”

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Our Awards and Recognitions


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CEFEX-certified as an Advisor 9/23/2009
"Through CEFEX’s independent assessment, the certification provides assurance to investors… that Montgomery Retirement Plan Advisors has demonstrated adherence to the industry’s best fiduciary practices."
Read Press Release | View Certificate

Investment advice offered through OneDigital Investment Advisors, an SEC-registered investment advisors and wholly owned subsidiary of OneDigital.

The information given herein is taken from sources that OneDigital Investment Advisors and its advisors believe to be reliable, but it is not guaranteed by us as to accuracy or completeness. This is for informational purposes only and in no event should be construed as an offer to sell or solicitation of an offer to buy any securities or products. Please consult your tax and/or legal advisor before implementing any tax and/or legal related strategies.