This role demands that a common focus be defined and understood by all parties. We believe this is best accomplished through the development of a Retirement Plan Policy Statement . Ultimately, the plan sponsor seeks to optimize retirement benefit expenditures with the organization's long-term vision, mission and values. A retirement plan policy statement identifies these issues and clearly states how the organization plans to accomplish this goal.
Mutual understanding is best when established from the beginning.
Our efforts in this area of selection and monitoring are part of our fiduciary responsibility and critical to participants' long-term success. AMR RS makes this highly visible area a source of confidence for all its clients through an ongoing support resource. The heart of any benefit program is the communication and decision support provided to plan participants. Many different ideas, proposals, video presentations, and surveys have been developed for participant education. Despite the glitz, masked product sales, and commission-driven charlatans, the basic service of education and decision support remains the most valuable, fulfilling, and beneficial aspect of any retirement program.