Fiduciary Services

Three men are looking at a laptop screen.

How NorthStar works for you?

As your Plan’s ERISA 3(38) Investment Fiduciary, NorthStar is responsible for:

  • Providing and maintaining the Plan’s Investment Policy Statement (IPS)
  • Investment selection, monitoring, benchmarking and mapping replacement options, as necessary
  • Providing quarterly investment monitoring reports and documenting any investment-related decision
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What does this mean?

  • This is the most comprehensive transfer of Plan Sponsor liability for investment-related issues available in the industry today.
  • The Trustee’s responsibility shifts solely to monitoring the 3(38) Fiduciary.