JaaFal doesn't present the conventional path to retirement plan services. We're quite different. JaaFal Advisors, Inc. is a Registered Investment Advisor (RIA) and retirement consulting firm. We are not a fund manager, insurance vendor or other product-focused distributor.
- Client service centers, industry expertise averages 25 years in retirement
- National presence, local service
- Strategic plan design, customized to client needs
- No hidden agendas, full fee disclosure
- Prudent advice, strict adherence to ERISA guidelines
- Active legislative presence, industry leadership
- Shared fiduciary responsibility, plan sponsor guidance
- Participant-level advice, educational tools
- Ongoing needs assessment, needs-based recommendations
- Customized recommendations, broad range of investment options
- Robust plan type selection, broad service alternatives
- Top tier investment options, stringent analysis and monitoring
- Investment Policy Statement (IPS) creation, monitoring assistance
- Constant plan due diligence, strict service standards
- Customized marketing materials, educational tools
Leveraging technology to facilitate clear lines of communication
- Robust websites, Plan Sponsor and Plan Participant specific
- Streamlined daily valuation administration, accurate recordkeeping
- Interactive Voice Response system, available 24/7/365
JaaFal believes in fully disclosing all plan costs, including mutual fund revenue sharing. Such fees can be utilized by plan sponsors to offset plan costs.
The fundamental variables that determine the cost of a plan include:
- Total plan assets
- Number of participants
- Plan type
- Investment Program: choose iAdvise, iSelect, iDirect
- Conversion requirements of existing plan to JaaFal
- Trustee alternative
- Transaction and service level choices
Mutual Fund Revenue Sharing offset plan costs
JaaFal and its affiliates do not retain any service fees or other reimbursements for advisory services on the following investment programs:
Revenue sharing paid by mutual fund companies may include 12b-1 fees, shareholder service fees and sub-transfer agent fees. These fees are returned to the Trust to offset plan costs in all advisory programs and the iDirect Program. JaaFal may retain certain of these fees in connection with mutual funds made available under the iSelect Program, rather than assessing asset-based fees to the plan.
Base and per head cost charges depend on the type of plan chosen. Minimum costs are used to accommodate small plans. These charges generally increase with the complexity of the plan. (For example, profit sharing plans are the least complex, new comparability plans are the most complex. Charges would vary accordingly.) Participant unit costs decrease based on increased numbers of participants added to the plan.
This fee-based charge decreases on a percentage basis as your plan assets grow and as the numbers of participants in the plan increase. Costs also may vary depending on the investment program alternative you select. JaaFal offers six investment program alternatives – click here to find out about JaaFal investment Programs and Services.
The following table illustrates estimated plan costs that might be associated with a JF(k) Profit Sharing plan. (Assumes 250 participants, $6.5 million in assets in the JaaFal iDirect Program.)