Patriot offers a choice of portfolios to meet the needs of all 401(k) plan participants. Our investment approach, using low cost index funds, gives participants the potential for better returns and lower risk than with the typical 401(k) plan.
Benefits to the Employer and Participant:
Better PerformanceThe average portfolio expense is less than .20%, reducing the drag of high fees on performance.
Increased SimplicityMany participants don't know how to select or allocate their investments. Our low cost, globally diversified, indexed portfolios are based on a participant's time horizon, age, and risk tolerance.
Enhanced EducationWe provide participant education through employee meetings and quarterly email updates. Employees better understand their investments, leading to increased participation and less anxiety.
Full Fee DisclosureAll fees associated with the plan are completely transparent, and our total fee ranks among the lowest in the industry.
Fiduciary DutyPatriot assumes the fiduciary duty to select, monitor, and replace the investments in the plan. This removes the liability from the employer.
Unbundled ArchitecturePatriot has teamed with Charles Schwab (custodian) and Tennessee Pension Administrators (Third-Party Administrator) to provide a low cost, turn-key 401k solution.