Date
The chart above is a hypothetical example of the performance $10 Million invested on May 1, 2015 might have had in PCI’s aggregated ERISA Section 3(38) clients’ investment lineup (“PCI”) compared to an all-index lineup (“Benchmark”). Past performance is not a guarantee of future results. See “We Want You To Know” section for data calculations and source info information.
Net annualized outperformance since inception of PCI’s aggregated 3(38) clients’ investment lineup compared to an all-index lineup.
Since inception 5/1/2015 through 9/30/2024
Investment performance is one of the three key drivers of retirement readiness. It’s more than a success metric for the plan; it’s a pillar of your employees’ financial security.
Returns generated within retirement plans translate into tangible outcomes. Even seemingly small improvements, such as 25-50 bps (.25-.50%) annually, to investment performance can dramatically improve their retirement readiness.
as of [End of Month, 20XX]*
Since 2015, PCI has been tracking the performance of our clients’ investment lineups as part of our unwavering transparency and fiduciary best practices.
Year-to-Date (%) | 1-Year (%) | 3-Year (%) | 5-Year (%) | Since Inception (%) | |
|---|---|---|---|---|---|
PCI 3(38) Gross Investment Lineup Return | ### | ### | ### | ### | ### |
PCI 3(38) Net Investment Lineup Return | ### | ### | ### | ### | ### |
All-Index Lineup Return | ### | ### | ### | ### | ### |
Gross Difference | ### | ### | ### | ### | ### |
Net Difference | ### | ### | ### | ### | <b>### |
*Performance reporting began on May 1, 2015. Performance data represent average annualized returns of the investment lineups and applicable benchmarks of PCI past and present client plans under ERISA Section 3(38) management, equally weighted by asset class and net of investment-related fees. Past performance is not a guarantee of future results. See “We Want You To Know” section for more information.
PCI 3(38) Investment Lineup Return (%) | All-Index Lineup Return (%) | Gross Difference (%) | Net Difference (%) | |
|---|---|---|---|---|
2024 <sup>(thru 9/30/2024) | ### | ### | ### | ### |
2023 | 14.71 | 16.20 | -1.49 | -1.63 |
2022 | -16.15 | -17.41 | 1.26 | 1.12 |
2021 | 14.59 | 14.51 | 0.08 | -0.08 |
2020 | 14.66 | 13.44 | 1.22 | 1.03 |
2019 | 24.01 | 23.13 | 0.88 | 0.57 |
2018 | -5.72 | -6.04 | 0.32 | 0.17 |
2017 | 17.55 | 15.82 | 1.73 | 1.59 |
2016 | 9.99 | 11.82 | -1.83 | -1.98 |
2015 | -3.80 | -4.81 | 1.00 | 0.80 |
*Performance reporting began on May 1, 2015. Performance data represent average annualized returns of the investment lineups and applicable benchmarks of PCI past and present client plans under ERISA Section 3(38) management, equally weighted by asset class and net of investment-related fees. Past performance is not a guarantee of future results. See “We Want You To Know” section for more information.
Asset Classes | Benchmarks |
|---|---|
Intermediate Government Bond | Index: Bloomberg US MBS TR USD |
Corporate Bond | Index: Bloomberg US Credit TR USD |
High Yield Bond | Index: Bloomberg US Corporate High Yield TR USD |
Target Date Funds | Index: S&P Target Date Series |
Large Value | Index: Russell 1000 Value TR USD |
Large Growth | Index: Russell 1000 Growth TR USD |
Mid Value | Index: Russell Mid Cap Value TR USD |
Mid Growth | Index: Russell Mid Cap Growth TR USD |
Small Value | Index: Russell 2000 Value TR USD |
Small Growth | Index: Russell 2000 Growth TR USD |
Foreign Large Blend | Index: MSCI EAFE NR USD |
Diversified Emerging Markets | Index: MSCI EM NR USD |
Sector Real Estate | Index: MSCI US REIT GR USD |
See “We Want You To Know” section for more information.
Manager Reviews
Manager People Interviews Conducted
Manager Process Interviews Conducted
On-Site Due Diligence Trips Conducted
PCI’s Manager Selection process is designed to identify managers we believe will outperform their index benchmark.
We use our proprietary database to screen potential managers, conducting extensive quantitative and qualitative analyses. During this phase, our team issues comprehensive Requests for Information (RFIs) to the most promising candidates.
RFIs are used to gather detailed information about their capabilities, strategies, performance history, and overall suitability for managing investment funds. The RFI typically covers areas such as the manager’s investment philosophy, risk management practices, fees, performance metrics, and compliance with regulatory standards.
Our analysts conduct people and process interviews to fill in the gaps of knowledge not uncovered from the initial research phase. It’s purpose is to reaffirm aspects of the strategy and team from a different lens.
We conduct in-person due diligence interviews to verify and identify any remaining unknown aspects of the cultural, strategic, and research processes of the investment.
Year-to-Date (%) | 1-Year (%) | 3-Year (%) | 5-Year (%) | Since Inception (%) | |
|---|---|---|---|---|---|
PCI 3(38) Gross Investment Lineup Return | ### | ### | ### | ### | ### |
PCI 3(38) Net Investment Lineup Return | ### | ### | ### | ### | ### |
All-Index Lineup Return | ### | ### | ### | ### | ### |
Gross Difference | ### | ### | ### | ### | ### |
Net Difference | ### | ### | ### | ### | ### |
*Performance reporting began on May 1, 2015. Performance data represent average annualized returns of the investment lineups and applicable benchmarks of PCI past and present client plans under ERISA Section 3(38) management, equally weighted by asset class. Past performance is not a guarantee of future results. See “We Want You To Know” section for more information.
PCI Investment Lineup Return (%) | All-Index Lineup Return (%) | Gross Difference (%) | Net Difference (%) | |
|---|---|---|---|---|
2024 <sup>(thru 9/30/2024) | <b>### | <b>### | <b>### | <b>### |
2023 | 14.71 | 16.20 | -1.49 | -1.63 |
2022 | -16.15 | -17.41 | 1.26 | 1.12 |
2021 | 14.59 | 14.51 | 0.08 | -0.08 |
2020 | 14.66 | 13.44 | 1.22 | 1.03 |
2019 | 24.01 | 23.13 | 0.88 | 0.57 |
2018 | -5.72 | -6.04 | 0.32 | 0.17 |
2017 | 17.55 | 15.82 | 1.73 | 1.59 |
2016 | 9.99 | 11.82 | -1.83 | -1.98 |
2015 | -3.80 | -4.81 | 1.00 | 0.80 |
*Performance reporting began on May 1, 2015. Performance data represent average annualized returns of the investment lineups and applicable benchmarks of PCI past and present client plans under ERISA Section 3(38) management, equally weighted by asset class and net of investment-related fees. Past performance is not a guarantee of future results. See “We Want You to Know” section for more information.
Asset Classes | Benchmarks |
|---|---|
Intermediate Government Bond | Index: Bloomberg US MBS TR USD |
Corporate Bond | Index: Bloomberg US Credit TR USD |
High Yield Bond | Index: Bloomberg US Corporate High Yield TR USD |
Target Date Funds | Index: S&P Target Date Series |
Large Value | Index: Russell 1000 Value TR USD |
Large Growth | Index: Russell 1000 Growth TR USD |
Mid Value | Index: Russell Mid Cap Value TR USD |
Mid Growth | Index: Russell Mid Cap Growth TR USD |
Small Value | Index: Russell 2000 Value TR USD |
Small Growth | Index: Russell 2000 Growth TR USD |
Foreign Large Blend | Index: MSCI EAFE NR USD |
Diversified Emerging Markets | Index: MSCI EM NR USD |
Sector Real Estate | Index: MSCI US REIT GR USD |
See “We Want You to Know” section for more information.
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XX
XX
X
Manager People Interviews Conducted
Manager People Interviews Conducted
On-Site Due Diligence Trips Conducted
PCI’s Manager Selection process is designed to identify managers we believe will outperform their index benchmark.
We use our proprietary database to screen potential managers, conducting extensive quantitative and qualitative analyses. During this phase, our team issues comprehensive Requests for Information (RFIs) to the most promising candidates.
RFIs are used to gather detailed information about their capabilities, strategies, performance history, and overall suitability for managing investment funds. The RFI typically covers areas such as the manager’s investment philosophy, risk management practices, fees, performance metrics, and compliance with regulatory standards.
Our analysts conduct people and process interviews to fill in the gaps of knowledge not uncovered from the initial research phase. It’s purpose is to reaffirm aspects of the strategy and team from a different lens.
We conduct in-person due diligence interviews to verify and identify any remaining unknown aspects of the cultural, strategic, and research processes of the investment.
Investment performance is a key driver of retirement readiness
Transparency creates accountability
Accountability improves results
Investment performance is a key driver of retirement readiness
Transparency creates accountability
Accountability improves results
PCI’s Investment Committee makes all investment decisions on behalf of our clients. This includes regular reviews of existing investment managers and searches for new investment managers.
Founder, Chairman, and CEO
Industry Experience: 34 Years
Firm Experience: 30 Years
Education/Designations:
Certified Financial Planner™
Bachelor of Science—Missouri State University
Chief Investment Officer
President of RetireAdvisersSM
Industry Experience: 10 Years
Firm Experience: 10 Years
Education/Designations:
Chartered Financial Analyst (CFA)
Bachelor of Arts—Drury University
Principal
Industry Experience: 17 Years
Firm Experience: 17 Years
Education/Designations:
Certified Financial Planner™
Bachelor of Arts—Central Bible College
Master of Business Administration—
Missouri State University
Think your 401(k) plan is great? Most do. But with so few employees actually on track for retirement, it’s worth looking a little deeper.
We can help!
Think your 401(k) plan is great? Most do. But with so few employees actually on track for retirement, it’s worth looking a little deeper.
We can help!
Growth of a Hypothetical 401(k) Investment Lineup Chart—Performance was calculated based on the net average annualized return of PCI’s aggregated ERISA Section 3(38) clients’ investment lineup and the average annualized return of comparable market indices, equally weighted by asset class. The performance data used in these calculations was provided by Morningstar Inc., ©2024 Morningstar Inc. All Rights Reserved. This chart does not represent actual performance of any security, fund, plan, account, or portfolio.
The information contained on this page is obtained from sources including but not limited to plan sponsors, plan vendors, and other independent third-party data sources.
Pension Consultants, Inc. (PCI) cannot guarantee that all information received from third parties is complete and accurate.
Investment performance reflects past performance of PCI-managed plans’ investment lineups, net of investment-related fees. It does not reflect how each of the plans’ actual assets performed or how any particular participant’s account performed. Investment-related fees include investment fund fees as well as any PCI investment performance and investment advisory fees. Benchmark selection is based on quantitative analysis conducted at least every 24 months to determine the index that is most comparable to each asset class.
Performance calculations are audited for accuracy by a third-party verification service.
Past performance is not a guarantee of future results. There can be no assurance that the future performance of any mutual fund in the plans’ lineup will increase in value, will be profitable, or will equal any corresponding indicated historical performance levels. Mutual funds, like any investment, carry risks including market risk, interest rate risk, credit risk, style risk, securities selection risk, and the risk of complete loss of principal. The degree of these and other risks will vary depending on the type of mutual fund you choose and
market conditions. Please consider the investment objectives, risks, and charges carefully before investing. The underlying fund prospectuses contain this and other information about the investment company. Prospectuses are available by calling 417.889.4918. Please read carefully before investing.
The information provided in this document is not intended to be legal advice. Neither PCI nor any of its employees engage in the practice of law.
If assistance is needed in making legal determinations, counsel in the appropriate jurisdiction should be retained.
© 2024 Pension Consultants, Inc. All Rights Reserved.
Pension Consultants, Inc. is registered with the U.S. Securities and Exchange Commission as an investment adviser. Important Disclosures
