OneDigital - retirement Plan Investment Management Agreement - 06.01.2026 - SIGNED
Open official source ↗ · Source page 17
OneDigital Page 5 Form ADV, Part 2A However, OneDigital generally does not provide advice regarding the inclusion of the plan sponsor’s stock within the plan. Add-On Services OneDigital offers additional services to its retirement plan clients, including without limitation, assisting the plan’s named fiduciaries with drafting the plan’s IPS, selecting an appropriate qualified designated investment alternative (“QDIA”), and providing investment education and enrollment services for the plan’s participants. In addition, OneDigital provides retirement plan clients with its Financial Education and Guidance program which offers targeted financial education, planning assistance, and wellness tools to plan participants based on their individual circumstances. In addition to the services noted above, OneDigital offers services to other types of clients such as individuals, institutions, charitable organizations, and corporations, which include investment advisory / management, insurance advisory, financial planning, and family office services that are discussed in a separate Wealth Management disclosure brochure. Third Party Administrator (“TPA”) Services OneDigital offers TPA services to sponsors of retirement plans, which generally includes compliance testing, drafting of necessary plan amendments, preparing the plan’s Form 5500 filing, and other tasks related to the administration of the retirement plan. Item 5 – Fees and Compensation Investment Advisory Fees Pursuant to §408(b)(2) of ERISA, OneDigital and other vendors providing services to a retirement plan or its participants must disclose all direct and indirect compensation they will receive in exchange for the services they provide to a retirement plan. OneDigital’s agreements with its plan sponsor clients disclose the services it will provide and the fee it will charge for those services, which serves as its ERISA §408(b)(2) disclosure. For investment advisory/management services, OneDigital charges its fees either based on a percentage of assets in the retirement plan or as a flat annual fee. Those fees are negotiable and vary greatly based upon the size of the plan and the services OneDigital will be providing. Many plans select their investment adviser by soliciting competitive bids from multiple advisers and, consequently, it is impossible to provide a fee schedule that would be relevant to all retirement plan clients. For its Personalized Portfolios program, OneDigital enters into a separate agreement with each participant that discloses its management fee, which is based upon a percentage of the value of the participant’s plan account. A portion of that fee is used to pay the plan’s recordkeeper for providing access to OneDigital so that it can process trades on its platform as well as to compensate the recordkeeper for calculating and processing OneDigital’s management fee. If