Troxell Financial Advisors will assist the Plan Sponsor to develop and maintain an investment policy statement (“IPS”). Although ERISA does not require a retirement plan to have an IPS, we believe it is critical that every plan utilizes one. This document will serve as the foundation for all ongoing monitoring of the retirement plan. The IPS covers the purpose of the plan, defines the duties and responsibilities of all parties involved, and sets the due diligence criteria for selection and monitoring of the investment options using both quantitative and qualitative measures.
