Case Study: How to Access Past Year 5500 Filings in Larkspur Executive

The Ask:

To be a good fiduciary, you need to be well aware of the plan holdings and how they changed, what factors were taken into consideration, and what can be done to improve the plan. In other words, you need to check their past year filings and do thorough research on what was done to the plan in the past, to avoid any similar mistakes in the future.

The Problem:

Most analytical tools provide only the most recent data, which is good, but it might be not enough if you’d want to see the whole picture in the historical prospect. For example, you can miss specific actions that were taken by the previous advisors that might have made sense, such as, switching to another service provider, changing the balance, etc. You should know the history of the plan as well as the current line-up if you want to get better results and be trusted by the plan sponsor.

The Solution:

Larkspur Executive is not only a plan assessment tool and the largest database of 401(k) and 403(b) plans, it’s also the largest storage of 5500 filings for past years, which you are able to easily access, practically from the front page.

All you need to do is pick the plan you’d like to prospect and click on it:

Within the plan, besides all the other options, you can always access filings for the past years in the corresponding section (in the bottom-left corner):

Learn more about Larkspur Executive: