A competitive 401(k) helps recruit and retain talent. Yet many employers discover their Principal plans carry excessive fees or outdated fund options. These costs erode participant balances and increase sponsor exposure. Benchmarking provides clarity and protection.
Holland Capital Management in Cocoa Beach, FL
The first thing to consider when looking to find a financial advisor in Cocoa Beach, FL: who are the team members? That’s critical since your financial well-being requires a lot more than just portfolio management. Along with attention to investments, you will likely need other services.
M. Chad Holland CFA, CFP®
About Cocoa Beach, Florida
Cocoa Beach
Cocoa Beach is a city in Brevard County, Florida, United States. The population was 11,354 at the 2020 United States Census, up from 11,231 at the 2010 census. It is part of the Palm Bay–Melbourne–Titusville, Florida Metropolitan Statistical Area. The first non-native settlement in the area was by a family of freed slaves following the American Civil War.
The Problem
Fee structures can include revenue‑sharing and higher‑cost share classes.- Administrative layers may increase total plan costs.
- Limited fee transparency makes it difficult to evaluate all‑in costs.
Why Benchmarking Matters
- Sponsors must ensure all‑in fees are reasonable relative to peers.
- Benchmarking documents diligence and supports prudent adjustments.
- Establishes a defensible process for regulators and stakeholders.
How Holland Capital Helps
- Independent benchmarking of your Principal plan.
- Analysis of fees, fund lineup, and services with actionable steps.
- Options to improve costs and governance without disruption.
Our Fiduciary Advantage
Holland Capital Management, led by M. Chad Holland, CFA®, CFP®, is an independent fiduciary advisory firm. We provide objective oversight to protect plan sponsors and strengthen retirement outcomes.
Schedule a no‑cost Principal 401(k) benchmarking review.
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Location
Cocoa Beach, FL - Hours
Monday - 9am-5pm
Tuesday - 9am-5pm
Wednesday - 9am-5pm
Thursday - 9am-5pm
Friday - 9am-5pm - Phone/Fax
P | 877-733-9435
F | (980) 500-1531 - Email Us
chad@hollandcapitalgroup.com
Frequently Asked Questions
+Can we lower costs without switching providers?
Often yes. Share‑class reviews and service negotiations can reduce costs within your current plan.
+How long does the benchmarking take?
Typically 2–3 weeks with complete plan documents.
+Are plan sponsors liable for excessive fees?
Yes. Benchmarking demonstrate prudent oversight.