Twelve Points Insights

We are proud to announce that our very own Francesca Federico has been recognized by the National Association of Plan Advisors as one of the Top Women Advisors for 2020. Her talent and efforts earned her the level of “Captain”, one of only 50 to be recognized at this highest designation.

Twelve Points Retirement Advisors is proud to announce that Co-Founder and Principal, Francesca Federico, has been named to the National Association of Plan Advisors (NAPA) 2018 list of Top Women Advisors in the “All-Star” category. Launched in 2015, the list acknowledges a growing number of women who are making significant contributions to the retirement industry, as well as bringing excellence to the profession.

A few months ago we met with a construction company with 25 employees to discuss their 401(k) as plan sponsors. During the discussion, they mentioned that their current recordkeeper cost was minimal. We asked for their annual fee disclosure statement and once they sent it over we started to analyze it.

Francesca Federico, Co-Founder and Principal of Twelve Points Retirement Advisors, has been designated as a Certified 401(k) Professional by The Retirement Advisor University in collaboration with the UCLA Anderson School of Management Executive Education.

In the last year we have seen a number of cases of mismanaged 401(k) plans going to litigation. This article published by the National Association of Plan Advisors last Monday regarding Pioneer Natural Resources USA, Inc highlights the latest domino to fall.

On May 16 we hosted The Plan Sponsor University (TPSU) at Bentley University. 18 people representing 15 companies came to learn the ins and outs and best practices for running their companies’ 401(k) plans. Plans of all sizes were present for the program; ranging from 23 to over 65,000 employees.