OneDigital - retirement Plan Investment Management Agreement - 06.01.2026 - SIGNED
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OneDigital Page 4 Form ADV, Part 2A Item 4 – Advisory Business Background OneDigital Investment Advisors LLC (“OneDigital”) is a Missouri limited liability company that was originally organized on June 4, 1987 as a Missouri corporation under the name Resources Investment Advisors, Inc. and later converted to a limited liability company on July 9, 2018. OneDigital is wholly owned by Digital Insurance LLC, which acquired OneDigital pursuant to a Unit Purchase Agreement dated January 21, 2020. As of December 31, 2024, OneDigital managed $142,602,344,768 in assets, of which $50,609,967,657 was managed on a discretionary basis and $91,992,377,111 was managed on a non-discretionary basis. Because the investment management services OneDigital offers to plan participants through its Personalized Portfolios program differs materially from the advice given to those participants’ retirement plans, OneDigital collects a separate fee for each service. As of December 31, 2024 OneDigital managed $1,672,575,707 through its Personalized Portfolios program on a discretionary basis. Those assets, however, were not included in the asset figures above. Investment Advisory and Investment Management Services OneDigital offers investment advisory and management services to sponsors of retirement plans as well as investment management services to the participants of those plans. For the sponsors of retirement plans, OneDigital will either serve as the plan’s investment adviser pursuant to §3(21) of the Employee Retirement Income Security Act of 1974 (“ERISA”) (in which case OneDigital will recommend investment decisions for approval by the plan’s named fiduciaries) or serve as the plan’s investment manager pursuant to §3(38) of ERISA (in which case OneDigital will manage the plan’s investment decisions on a discretionary basis). In either case, OneDigital will assist the plan sponsor with any notices or transactions resulting from a change in the plan’s investment options. If the plan consists of pooled accounts, OneDigital’s services will involve providing advice or management on the actual investment of the plan’s assets. However, the vast majority of OneDigital’s retirement plan clients consist of participant-directed, defined-contribution plans, where OneDigital provides advice on or manages the investment options that will be made available to the plan’s participants. In rendering these services to most participant-directed plans, OneDigital works with the plan’s named fiduciaries to evaluate the demographics of the plan’s participants to select investment options that are appropriate for their retirement needs based upon ERISA §404(c)’s requirement that such plans offer a “broad range” of investment options. The plan’s named fiduciaries can impose restrictions on the types of investments that may be held by, or offered through, the plan, and those guidelines are typically referenced in the plan’s investment policy statement (“IPS”).