SmartChoice Retirement Program
SmartChoice is designed to give financial professionals more.
Fiduciary Services Options for ERISA Plans:Advisor-based Fiduciary Services – allows the advisor to serve as 3(21) or 3(38) ERISA Investment Fiduciary.Outsourced Fiduciary Services from Mesirow Financial – allows Mesirow Financial to serve as the 3(21) or 3(38) ERISA Investment Fiduciary.Administrative 3(16) Fiduciary Services
Advisor-based Fiduciary Services – allows the advisor to serve as 3(21) or 3(38) ERISA Investment Fiduciary.
Outsourced Fiduciary Services from Mesirow Financial – allows Mesirow Financial to serve as the 3(21) or 3(38) ERISA Investment Fiduciary.
Administrative 3(16) Fiduciary Services
Open ArchitectureAccess to over 20,000 mutual fundsNo proprietary mutual fund requirements
Access to over 20,000 mutual funds
No proprietary mutual fund requirements
TPAFlexibility to use any TPA or bundled with Security Benefit
Flexibility to use any TPA or bundled with Security Benefit
Standard Features for Every Plan
Platform Consistency: one platform, multiple plan types
Plan Sponsor access, reports, approvals online
Participant online access for account review and transactions
Participant Managed Account option from Morningstar
Online Enrollment: Quick Enroll Option
My Security Benefit mobile app for SmartChoice participants to view and manage their accounts
More options in funds, more compatibility with different platforms, and more services for employers and their retirement plans.
If you would like information about SmartChoice, a plan proposal, or a comparison report, please contact one of our sales specialists at 800.888.2461, option 3, from 8 a.m. to 7 p.m. (Eastern Time), Monday through Friday.
*To receive your free comparison report, please have ready: Recent Plan Level Quarterly Report; Fee Disclosure Documents, 408(b)(2) and 404(a)(5); and TPA Invoice (for 5500 form).