MEDIQUS Retirement Plan Services:
1. Coordinate Your 401(k) Plan Platform

Our Investment Advisory Services (IAS) uses an in-depth process to identify, select, and monitor a range of investment products your plan participants will have at their disposal. In addition, participant education regarding plan benefits and investment alternatives is
a critical part of this advisory service.

Physicians and practice executives have a long list of responsibilities. Activities relating to retirement plans are highly regulated, often complex, and carry substantial penalties for non-compliance. MEDIQUS is your advisor for establishing new or improved existing plan structures and ensuring plan fiduciaries are doing their due diligence.

The current marketplace has a wide variety of service alternatives and pricing structures. In addition, there are hundreds of investment alternatives available. We regularly monitor 401(k) platform providers and evaluate services offered and relative values in all relevant areas. We will help you identify and select providers in each area.

2. Coordinate: Third Party Administration / Recordkeeping / Custodian Activities

Recordkeeping activities are also critical to the personalized service we provide to the trustees and participants of the plan. Information provided by these activities enables us to best advise participants of the appropriate investment strategies and products to use for their account.

Custodial services are also critical. Not only must assets be appropriately segregated into the account for each participant, but transactions must be verified in a manner that complies with all regulatory requirements. Custodians should also provide a wide array of investment selections so each participant can use the plan to accomplish their own personal financial goals.

3. Identify & Recommend Investment Alternatives for All Plan Participants
  • Stating in a written investment policy the leadership’s attitudes, expectations, objectives, and guidelines concerning the investment of assets.
    This is provided so that we will work together to monitor the expectations and results of the account. This is especially important for accounts
    where there are fiduciary responsibilities relating to the plan.
  • Compliance with all fiduciary, prudence, and due diligence requirements and with all applicable laws, rules and regulations from various local,
    state, federal and international political entities that may impact the plan.
  • Setting forth an investment structure for managing assets. This structure includes determining the appropriate asset class selection, investment management styles, asset allocation and acceptable ranges that, in total, are expected to produce a sufficient level of overall diversification to maximize the plan participant’s total long-term rate of return with the lowest possible risk.
  • Providing guidelines for each investment portfolio that control the level of overall risk and liquidity in the portfolio so that aggregate assets are managed in accordance with the stated objectives.
  • Establishing and reviewing formalized criteria to monitor, evaluate, and compare the performance results on a regular basis to ensure the investment portfolio reflects plan participant goals.
  • Coordinating production of detailed quarterly performance reports to keep all participants informed of the status and performance of their accounts.

A key to our investment process is the ongoing practice of effective communication between advisor and client. It will help us develop a road map and chart the plan’s progress as we work together to accomplish your goals. As fiduciaries, we are required to prudently manage investment decisions and show our decision making process.

4. Participant Focus: Education / Advice / Communication
  • We conduct one-on-one educational meetings with all participants. These meetings will provide clear and concise information for the participants to make informed decisions regarding all aspects of their retirement plans (i.e. individual investments, asset allocation).
  • Each participant will be provided with sample allocation models which will range from conservative to aggressive. Based on the participant’s risk tolerance, a model will be selected which will provide the greatest return for the least amount of risk. Customized models are also available, as are participant self-directed brokerage accounts.
  • Setting forth an investment structure for managing assets. This structure includes determining the appropriate asset class selection, investment management styles, asset allocation and acceptable ranges that, in total, are expected to produce a sufficient level of overall diversification to maximize the plan participant’s total long-term rate of return with the lowest possible risk.
  • Quarterly evaluation and adjustment (when needed) of plan allocation and investments.
  • Quarterly communications regarding performance, allocation, and investment selections.

MEDIQUS coordinates the quarterly reporting process. We will reach out to plan participants and schedule quarterly in-person meetings or teleconferences designed to keep participants informed about their accounts and market conditions. Our goal is to make certain participants have the information needed to make informed decisions. Reports are also sent to additional interested parties as needed.

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