OpenArc delivers fiduciary‑focused consulting that strengthens plan governance, investment oversight, and long‑term outcomes for plan sponsors and institutional clients. By combining strategic plan design, disciplined investment and fee oversight, and employee financial education, we help organizations navigate changing markets while delivering a compliant, high‑value benefits and investment program. OpenArc serves as your investment consultant under either a 3(21) or 3(38) fiduciary engagement structure, ensuring recommendations are grounded in prudent governance and participant outcomes.
Solutions
Our consulting services are designed to meet your organization where it is — and help you get where you want to go.
We offer:
- Fiduciary governance
- Plan oversight
- Investment consulting
- Plan design optimization
- Fee benchmarking
- Concierge Financial Wellness Solutions
Plan Sponsor Consulting
OpenArc’s fiduciary governance and plan oversight services are designed to help you confidently meet your oversight responsibilities, maintain regulatory compliance, reduce liability exposure, and enhance plan design effectiveness. Our experienced consultants provide comprehensive support, including:
- Establishing and maintaining a robust Investment Policy Statement (IPS)
- Conducting and documenting regular investment reviews aligned with IPS benchmarks
- Assisting with vendor due diligence and benchmarking (e.g., recordkeepers, TPAs, custodians)
- Delivering fiduciary training for plan committee members to ensure a clear understanding of ERISA obligations
We work to ensure your plan’s investment lineup and structure serves participants effectively. Our services include curating and monitoring a well-diversified and cost-efficient investment menu, evaluating and recommending Qualified Default Investment Alternatives (QDIAs), such as target-date funds and managed accounts, and driving participation and deferral rates by optimizing plan design features like auto-enrollment, auto-escalation, and Roth options. We also conduct fee benchmarking to ensure your plan remains competitive within the marketplace.
Through our dedicated wealth management advisor model, OpenArc delivers financial and benefits education designed to equip employees with the knowledge they need to make informed decisions and maximize the value of their financial benefits.
From plan-specific presentations to in-depth explorations of financial wellness topics, our seasoned advisors bring extensive experience guiding individuals through complex and consequential financial matters. They take the time to understand your program, your people, and your culture resulting in tailored guidance that supports employees at every stage of their careers.
Fiduciary Governance & Plan Oversight Services
OpenArc’s fiduciary governance and plan oversight services are designed to help you confidently meet your oversight responsibilities, maintain regulatory compliance, reduce liability exposure, and enhance plan design effectiveness. Our experienced consultants provide comprehensive support, including:
- Establishing and maintaining a robust Investment Policy Statement (IPS)
- Conducting and documenting regular investment reviews aligned with IPS benchmarks
- Assisting with vendor due diligence and benchmarking (e.g., recordkeepers, TPAs, custodians)
- Delivering fiduciary training for plan committee members to ensure a clear understanding of ERISA obligations
Investment Consulting & Plan Design Optimization
We work to ensure your plan’s investment lineup and structure serves participants effectively. Our services include curating and monitoring a well-diversified and cost-efficient investment menu, evaluating and recommending Qualified Default Investment Alternatives (QDIAs), such as target-date funds and managed accounts, and driving participation and deferral rates by optimizing plan design features like auto-enrollment, auto-escalation, and Roth options. We also conduct fee benchmarking to ensure your plan remains competitive within the marketplace.
Financial & Benefits Education
Through our dedicated wealth management advisor model, OpenArc delivers financial and benefits education designed to equip employees with the knowledge they need to make informed decisions and maximize the value of their financial benefits.
From plan-specific presentations to in-depth explorations of financial wellness topics, our seasoned advisors bring extensive experience guiding individuals through complex and consequential financial matters. They take the time to understand your program, your people, and your culture resulting in tailored guidance that supports employees at every stage of their careers.