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Total Transparency
The fundamental component in every great business relation is trust. The primary condition that leads to such trust is “transparency.” When your retirement plan operates with a high level of transparency, the inherent business bargain between plan sponsor and plan participant is enhanced through recognition of a common goal – a successful retirement outcome for every employee.
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Fiduciary Support
The SponsorGuard™ plan sponsor support program was developed exclusively for retirement plans enrolled in the OpenPlan™ retirement plan platform. SponsorGuard™ provides a comprehensive level of retirement plan sponsor support activity at no charge.
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Employee Engagement
The vast majority of retirement plan participants are not actively engaged in leveraging their retirement plan as planning vehicle. The underlying reason is that plan participants have simple communication needs – but typical retirement plan communication materials are technical and complex. OpenPlan™ creates positive plan participant engagement and provides the guidance they seek by applying fundamental “adult learning” concepts.
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Integrated Technology
Like any structure designed to stand the test of time, OpenPlan™ is built on a sound foundation. Combining the industry leading OmniPlus Recordkeeping System with the innovative Alerus Retirement Solutions website portals, OpenPlan™ delivers an outstanding menu of integrated technology tools and support systems for both plan sponsors and plan participants.
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