Key differences That help us stand apart

CFS:

Yes. We work directly with the business owners and eliminate costly middlemen.

Typical provider:

No.

CFS:

Yes. We do not receive any compensation from the funds we offer.

Typical provider:

No. Most plans utilize mutual funds that pay commissions or other forms of compensation to the broker. Ultimately, these fees come out of your pocket.

CFS:

Yes, of course. Our team selects the best possible funds based only on performance and cost.

Typical provider:

No. Many plans use proprietary name-brand funds, which are more profitable for the plan provider and broker. These usually have the name of the provider in the fund name.

CFS:

Yes. As a fiduciary, we never receive kickbacks or consulting fees.

Typical provider:

Most providers get “revenue sharing” from the funds that are selected for your 401(k) plan.

CFS:

Yes. We offer a core list of low-cost index funds (with no markups).

Typical provider:

Index funds usually aren’t offered to small plans or sold with huge markups on fees.

CFS:

Included. The U.S. Department of Labor allows business owners to appoint a fiduciary advisor to handle many of the tasks related to retirement plan operations and reduce potential liability.

Typical provider:

All liability remains with the business owner. By law, brokers cannot serve in a fiduciary capacity. They cannot reduce liability from the business owner. Some providers will allow you to add an outsourced fiduciary for an additional cost.

CFS:

We’ve found our fees are an average of 30% to 50% less than the typical provider.

Typical provider:

Average annual fees of 1.4% to 2.5% are charged. The only way to know how much you are really paying is to examine your current fees. Contact us for a consultation and we will show you exactly how much you are paying via a review of your current fee disclosure.