Defined Benefit Retirement Plans

For defined benefit retirement plan sponsors in search of investment management, asset-liability expertise, or co-fiduciary services.

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How Can We Help?

As one of the largest providers of fiduciary services to retirement plan sponsors, CAPTRUST is uniquely positioned to help employers manage their pension plans.

Our top priority when working with plan sponsors is to ensure that they are meeting their obligations to participants and their fiduciary responsibilities.

We work with defined benefit plan sponsors as either 3(21) investment advisors or 3(38) investment managers. In either role, our first step is to understand the organization’s unique goals, objectives, constraints, and risk tolerance. Then, we analyze assets and liabilities to develop an investment policy statement while providing specific recommendations.

Our Suite of Services

3(21) & 3(38) Services

Delivery of ERISA fiduciary risk management services for defined contribution retirement plans.

Actuarial Services

Provide consultative support on all aspects of your plan’s valuation and to meet all filing, certificate, and disclosure requirements.

Asset Allocation

Diversification of an investment portfolio across a variety of investment types with different risk and return characteristics.

Fee Benchmarking

Periodic assessment of the competitiveness or appropriateness of fees charged by investment managers.

Fiduciary Training

Periodic updates on retirement plan related issues and developments and best practices for retirement plan committee members. 

Glidepath Development & Monitoring

Creation and management of an age-based asset allocation strategy for retirement plan participants that becomes more conservative over time.

Investment Menu Design

Identification and structuring of appropriate investment options to be included in a defined contribution plan.

Investment Policy Development & Review

Assistance with the creation and execution of documents governing selection of plan investments and their ongoing monitoring.

Liability-Driven Investing

Development of investment strategies designed to fund future pension plan liabilities while managing risk.

Manager Search & Selection

Identification of investment managers fitting a particular profile for inclusion in a retirement plan’s investment menu.

Nonqualified Executive Benefits

Development of supplemental retirement savings plans to recruit, reward, and retain key employees.


Discretionary portfolio management that includes asset allocation, plus ongoing investment selection and monitoring for a pension plan.

Pension Risk Transfer Consulting

Analysis and support for sponsors looking to offload pension plan risk via lump sum or annuity payments.

Performance Reporting & Monitoring

Quarterly assessment of investment manager or portfolio returns and risk relative to peer groups and indexes.

Plan Design Benchmarking

Analysis of key defined contribution plan features that drive costs, competitiveness, and employee retention.

Plan Financing & Security

Analysis and advice on the costs and benefits of investments offsetting nonqualified deferred compensation plan liabilities.

Recordkeeper Search

Process oversight and assistance with identifying and selecting a retirement plan recordkeeper.

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Stay Up to Date

In today’s evolving environment, plan sponsors need to stay in-the-know. CAPTRUST provides regular updates and thought leadership via investment strategies, fiduciary updates, topical articles, videos, webinars, breaking industry news, and more.