At a glance
A low cost bundled solution for employer-sponsored ERISA plans.
- Low-cost Target Date Funds1
- Streamlined Enrollment
- Low-cost Vanguard Index Funds and Mesirow Financial® Asset Allocation Models
- 3(38) Fiduciary Services
Security Benefit has partnered with Mesirow Financial to create Security Benefit Workplace Retirement Program. As the contracted 3(38) investment fiduciary to plan sponsors who choose Workplace Retirement Program for ERISA plans, Mesirow Financial is responsible for the investment selection, investment monitoring, and investment replacement under the plan.
Security Benefit is unique because we distribute our products and platforms through independent financial professionals who live and work in your community. We want you to have the choice of who you want to work with versus providers who use captive representatives or an enroller.
We have put together a streamlined enrollment process so you and your employees have an efficient way to make investment choices. We’ve included an investor quiz by Mesirow to help employees determine their risk tolerance along with three enrollment options.
Employees can choose:
- Vanguard Target Date Funds1
- Low-cost Vanguard Index Funds and Mesirow Asset Allocation Models
- Build your own portfolio
For more information contact your financial professional or call us at 800.747.5164, option 3.
1The principal value of target date funds is not guaranteed at any time, including at or after the target date, which is the approximate date when investors turn age 65. The funds invest in a broad range of underlying mutual funds that include stocks, bonds, and short-term investments and are subject to the risks of different areas of the market. The funds emphasize potential capital appreciation during the early phases of retirement asset accumulation, balance the need for appreciation with the need for income as retirement approaches, and focus more on income and principal stability during retirement. The funds maintain a substantial allocation to equities both prior to and after the target date, which can result in greater volatility.