Monarch Plan Advisors offers advisory services to retirement plans, including 401(k) and 403(b) plans. They provide both fiduciary and non-fiduciary services, such as investment management, investment advice, group enrollment meetings, and vendor selection assistance. Monarch may recommend mutual funds and exchange-traded funds, considering a client's individual needs and risk tolerance. They also offer platform conversion services to assist clients in transitioning between recordkeepers.
Fee Structure
Monarch Plan Advisors charges a fee based on a percentage of the plan's assets or a flat fee, depending on the size of the plan. The annual fee is generally up to 0.60% of the plan assets or a flat fee not exceeding $100,000. Fees are assessed in arrears, based on the market value of the assets or the average daily balance. Clients can terminate the agreement with 30 days' notice.