Welcome to Michael M. Kane and Associates

Plan Sponsor Self Assessment

Self Assessment is intended to assist a Plan Sponsor in analyzing how well their organization addresses the prudent practices which comprise a Global Fiduciary Standard of Excellence and to assist Investment Stewards in improving their long-term investment performance.

Please answer yes, no, or not known to each question. Questions 6, 7, 8, and 13 apply only to Defined Benefit plans. To then determine the outcome of this questionnaire, please hit submit at the bottom of the page.

Name:	*
Email address:	*
Position:
Company Name:
Phone number with Area code:

(yes, no, or not known for each question).

1. Are investments managed in accordance with applicable laws, trust documents, and written investment policy statements?
Yes No Not known

2. Are the roles and responsibilities of all involved parties (fiduciaries and non-fiduciaries) defined, documented, and acknowledged?
Yes No Not known

3. Is there no indication that fiduciaries and parties in interest are involved in self-dealing?
Yes No Not known

4. Are service agreements and contracts in writing? Are they written without provisions that conflict with fiduciary standards of care?
Yes No Not known

5. Are assets within the jurisdiction of appropriate courts? Are they protected from theft and embezzlement?
Yes No Not known

6. Has an investment time horizon been identified?
Yes No Not known

7. Has a risk level been identified?
Yes No Not known

8. Has an expected, modeled return to meet investment objectives been identified?
Yes No Not known

9. Are selected asset classes consistent with the identified risk, return, and time horizon?
Yes No Not known

10. Are selected asset classes consistent with implementation and monitoring constraints?
Yes No Not known

11. Is there an Investment Policy Statement (IPS) which contains the detail to define, implement, and manage a specific investment strategy?
Yes No Not known

12. Does the IPS define appropriately structured, socially responsible investment (SRI) strategies (where applicable)?
Yes No Not known

13. Is the investment strategy implemented in compliance with the required level of prudence?
Yes No Not known

14. Are applicable “safe harbor” provisions followed (when elected)?
Yes No Not known

15. Are investment vehicles appropriate for the portfolio size?
Yes No Not known

16. Is a due diligence process followed in selecting service providers, including the custodian?
Yes No Not known

17. Are there periodic reports comparing investment performance against an appropriate index, peer group, and IPS objectives?
Yes No Not known

18. Are periodic reviews made of qualitative and/or organizational changes of investment decision-makers?
Yes No Not known

19. Are control procedures in place to periodically review policies for best execution, "soft dollars," and proxy voting?
Yes No Not known

20. Are fees for investment management consistent with agreements and with all applicable laws?
Yes No Not known

21. Are "finder's fees" or other forms of compensation that may have been paid for asset placement appropriately applied, utilized, and documented?
Yes No Not known

22. Is there a process to periodically review the organization's effectiveness in meeting its fiduciary responsibilities?
Yes No Not known