Pike RFP

Section III – The Fiduciary Risk Manager

CBIZ Retirement Plan Services is proposing our ongoing co-fiduciary investment advisory and

consulting solution known as The Fiduciary Risk Manager™.

The Fiduciary Risk Manager™ is a proprietary risk management process developed by CBIZ

professionals to help individuals manage the personal liability associated with being a Fiduciary to a

qualified plan. The Fiduciary Risk Manager™ was designed with the purpose of meeting the Global

Fiduciary Standards of Excellence developed from ERISA, state trust law, the AICPA, and legal

precedents.

Plan sponsors are responsible for carrying out an increasing number of duties under federal law in

relation to managing their retirement plan. The majority of these duties require specific knowledge,

training, experience, and resources in order to be executed properly. Our team of retirement experts

is focused on helping plan sponsors manage fiduciary responsibilities effectively and efficiently. We

work to keep the plan in compliance, reduce costs, and lower risk relating to the management of the

plan while simultaneously increasing the employees’ probability of meeting their retirement goals.

Our experience shows that many plan sponsors unknowingly operate their plan in The Fiduciary

Gap™ and therefore, are exposed to increased personal liability and/or financial risks relating to the

plan. Depending on where your plan lies within The Fiduciary Gap™, CBIZ has a proven solution that

will help Pike Enterprises, LLC close that gap.

The Fiduciary Risk Manager™ closes The Fiduciary Gap™ by documenting the necessary steps

surrounding the six primary risk areas relating to the management of the retirement plan.

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Investments:

CBIZ RPS provides advice and takes on fiduciary responsibility related to

the investments in your plan. We produce and deliver periodic investment reviews that

document our due diligence and recommendations. The outcome is a best-in-class

investment menu that allows your participants to build a diversified retirement portfolio.