Masterplan Retirement Consultants

The firm focuses on third-party plan administration, fiduciary consulting, and investment menu construction for ERISA-governed retirement plans. Its core offerings include plan document drafting, compliance testing, participant education, and the ongoing monitoring of 401(k) and 403(b) investment lineups. These services are delivered on an advisory basis directly to plan sponsors seeking fiduciary coverage.

Compensation structures for retirement plan consultants typically include asset-based fees charged on plan balances, flat retainers for administrative services, or per-participant billing arrangements. The specific fee model used by Masterplan Retirement Consultants has not been publicly disclosed, and plan-level fee schedules are set within client service agreements.

Masterplan's investment menus and advisory services are implemented through open-architecture relationships with national record-keepers, including John Hancock and Empower, among others. The firm does not operate its own proprietary record-keeping platform, functioning instead as a plan-level fiduciary advisor whose investment selections sit atop existing third-party administrative infrastructure.

The firm does not operate proprietary mutual funds, collective investment trusts, or private commingled vehicles. All plan investment menus are built using institutional share-class mutual funds and exchange-traded funds sourced from third-party asset managers. This open-architecture approach is designed to support fiduciary impartiality during fund selection.

Under ERISA Section 3(21) or 3(38) arrangements, the firm may serve as a named fiduciary to the plan, sharing or assuming discretionary control over investment selection and ongoing monitoring. The specific fiduciary designation — investment adviser or investment manager — varies by client engagement and is documented in the plan's service agreement and investment policy statement.