Greenspring invites retirement plan sponsors to take a look at the (k)larity Quotient®, a revolutionary tool to help companies and retirement plan committees manage their corporate retirement plan. We are describing it as the retirement industry’s first “fiduciary performance framework”.
The (k)larity Quotient® represents nearly a decade of innovation, reasearch and development that has created the methodology and built the database.
The (k)larity Quotient® offers companies a simple yet profound method for quantifying the critical aspects of a high-performing retirement plan. Using 40 key performance indicators in the 4 key dimensions that drive plan success, they can see how their plan stacks up against other comparable plans. Most importantly, they get a real sense of what’s working, what isn’t, and what steps they need to improve overall plan management and performance. The goal is to provide a simple and transparent decision-making framework that helps companies improve the quality and effectiveness of plan-related decisions, benefiting both employees and the company itself.
We believe the (k)larity Quotient® can revolutionize the retirement industry and transform the way companies design, measure, and manage corporate retirement plans by giving plan fiduciaries an easy way to identify and fix issues before they become problems. Plus, it’s a very simple and straightforward process for a company to learn if its plan has a high (k)Q®. We’ve found it takes roughly 30 minutes for plan sponsors to fill out our questionnaire and gather 4-5 necessary documents.
We invite you to watch a short, 75-second animated video we created to help explain the (k)larity Quotient®:
