PlanPilot, LLC specializes in providing plan administration consulting and investment consulting services to retirement plan sponsors and institutional investors. The firm offers non-fiduciary retirement plan consulting, including plan design, fiduciary governance training, benchmarking studies, and request for proposal processes for plan recordkeepers. Additionally, PlanPilot provides fiduciary investment consulting services such as investment manager evaluation and selection, ongoing investment performance and plan monitoring, non-discretionary investment advice, and discretionary investment management under federal retirement plan rules. PlanPilot also assists institutions with searching for outsourced chief investment officers. The firm charges fixed fees for consulting engagements and may charge fees based on a percentage of assets under management for discretionary management assignments.
Fee Structure
- Retirement plan consulting and administration services — Fixed annual fees typically ranging from $6,500 to $100,000 depending on the size and complexity of the plan
- Outsourced chief investment officer search services — Fixed project fees typically ranging from $10,000 to $60,000 depending on the size and complexity of the endowment or foundation
- Hourly consulting — $100 to $400 per hour for specific short-term or long-term projects