Retirement Plan Consulting & 401(k) Benchmarking
Lower Fees. Reduce Risk. Strengthen Your Company’s Retirement Plan.
Independent 401(k) consulting and fiduciary support for small to mid-sized businesses in Southeast Michigan and beyond.
Request Your Free 401(k) Benchmarking Review
See how your plan compares in cost, performance, and participation.
Why Your 401(k) Plan Deserves a Second Look
Most employers want to offer the best for their team, but many plans:
- Charge too much in hidden fees
- Offer limited or outdated investment options
- Have low employee participation
- Create unnecessary fiduciary liability for the company
If you haven’t benchmarked your plan in the last 12 months, you may be leaving both money and employee goodwill on the table.
How We Help Plan Sponsors
- Plan Benchmarking: Compare fees, investments, and services against industry standards.
- Fiduciary Support: Act as your 3(21) co-fiduciary to share responsibility and guide prudent decisions.
- Plan Design Optimization: Improve features like auto-enrollment, match formulas, and eligibility rules.
- Investment Oversight: Select and monitor high-quality, low-cost funds for better employee outcomes.
- Employee Education: On-site or virtual workshops to boost participation and engagement.
- Ongoing Reviews: Regular check-ins to adapt your plan as your business evolves.
Why Businesses Choose M1 Capital Management
- Independent & Transparent: We work for you, not a single provider.
- Local Expertise: Deep understanding of the Southeast Michigan business community.
- Fiduciary Focused: Reduce liability and stay compliant.
- End-to-End Service: From plan design to employee engagement.
Frequently Asked Questions
- What is 401(k) benchmarking?
A comparison of your plan’s costs, investments, and participation rates against similar plans to identify improvement opportunities. - Can you work with our existing provider?
Yes — many improvements can be made without switching providers. - What is a 3(21) fiduciary?
A co-fiduciary who helps you select and monitor investments, sharing legal responsibility for prudent plan management.