
Everspire401k. Utah’s
Consumer Advocate
for employees
Employers: It’s Time to Ditch The 3(21) Fiduciary
The predominant role of the majority of plan advisors is a limited scope 3(21) fiduciary. Responsibility (and liability) for investment decisions rests with the employer. The prevailing mutual fund/insurance model is for the employer to retain the liability!
There is a better way: The RIA 3(38) fiduciary.

How To Select A 401k Plan
Demand Quality
As a 3(38) fiduciary, investment selection has a single criterion: Quality.
Expenses evaporate when anti-consumer relationships are exterminated.
Local, established professionals bring a level of effectiveness, personal service, and commitment difficult to replicate with a call center.
Seize the Ethical High Ground
As full-scope 3(38) fiduciaries, responsibility (and liability) for investment decisions rests with our firm.
No revenue sharing
No 12b-1 fees
No commissions
No proprietary products
No soft dollar arrangements
No related party fee sharing
100% direct and transparent fees
NO COMPROMISES
Focus on Favorable Outcomes
Typically, 401k providers focus on options like a grocery store. If I just stock the shelves with a great selection at a low cost, I did my job, right? Absolutely not. Unlike a store, a business owner is a legal fiduciary.
We monitor plans for inadequate savings rates, irrational investment decisions, and danger signs that indicate an employee is off-track.
Our experienced advisors and CERTIFIED FINANCIAL PLANNER™ professionals provide face to face coaching to each employee. We challenge, encourage, and make it clear to each employee what they need to do today to achieve their financial goals.
Speaking of Transparency…
Most 401k plans we review obfuscate costs. Not at Everspire401k.