Administration, Custodian, Trustee Search & Review
We provide a detailed comparison of all the services necessary for the efficient administration of your assets. This is followed by a comparison of the charges for these services. We recommend that our clients undertake this every two to three years so that comparisons can be made and your bargaining position enhanced when negotiating fees.

Fiduciary Audits
We will review existing fiduciary processes regarding investments and fiduciary decision-making and due diligence and make recommendations for imporvement. We will assist in implementing the recommendations and monitor results. We will also review plans for operational and structural compliance with ERISA 404(c).

Independent Fiduciary
We will act as an independent fiduciary in special situations where the existing fiduciaries may be unable to act in the best interests of the plan due to potential conflicts of interest. Recent assignments include voting proxies for an ESOP in a merger transaction, negotiating sale of stock from an ESOP in a redemption and reviewing the proposed investment of a profit sharing plan portfolio in company stock.

Consultation of Manager Fees
We have found the quickest way to increase returns is to reduce fees. We review and comment on the fees the fund is being charged for investment services. We compare and contrast your fees with our other clients and will recommend fee negotiations where appropriate.

Commission Analysis and Review of Soft Dollars
Our experience has told us that we can also improve fund performance by reducing trading costs. We will concentrate this review on the commissions the fund is paying through the investment managers. We will document which firms are receiving the majority of the trades and what cents per share the fund is paying. We will compare this to other clients and the industry standards and make recommendations when necessary.

401(k)/ Participant Directed Investment Option Assistance
401(k) investment option development
401(k) option manager search
401(k) participant communications

© 2004 Alpha Investment Consulting Group, L.L.C.
111 E. Kilbourn Avenue, Suite 1600, Milwaukee, WI 53202
Phone: (414) 319-4100 Email: info@alpha-investment.com