A new tech tool will help fiduciaries measure the vital signs of their retirement plans, diagnose problems and efficiently treat them as they arise.
Kansas City-based DST Systems launched the Retirement Solutions Plan Health Dashboard in March to help 401(k) sponsors and advisors meet their fiduciary responsibilities while creating better participant outcomes.
“When before has there been a time like today, when people are under so much scrutiny to be able to determine what they’re supposed to be doing for their participants,” says John Geli, president of DST Retirement Solutions. “Fiduciaries need tools to help identify and implement plan success factors, and to do that they need to be able to access information that is often difficult to find.”
The Dashboard is a tool that makes it easier for plan fiduciaries to monitor, benchmark and adjust elements of the plan.