Case 3: Creating a Cost-Effective Retirement Program with Ongoing Support

A nonprofit’s head of HR was looking to replace the organization’s high-cost retirement program. The nonprofit’s relationship manager at the existing investment firm was difficult to reach when HR had critical questions and the platform that technology platform that was used to administer the plan was complex and glitchy.

Fairlight evaluated the organization’s existing plan and was able to recommend lower-cost investment options, as well as an administrator that used a more streamlined technology platform. Because many of the nonprofit’s employees were inexperienced investors, Fairlight provided one-on-one retirement education meetings to ensure full staff participation in the plan. Fairlight regularly engages with the nonprofit’s leadership to address plan adjustments.