Castle Rock Investment Company – First RIA to Implement Retirement Readiness Plan Optimizer

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Castle Rock Investment Company (“CRIC”), announced that it was the first registered investment adviser in the country to implement a new solution to improve the retirement readiness for an employer’s entire workforce while staying within that employer’s given budget.

Independent Guide, Trusted Partner

This is the best investment I ever made for my associates…for a small amount of money to implement, this program can help our 206 employees generate an additional $26 million dollars in higher account balances at retirement,” Hod Kosman, CEO of PVC

Castle Rock Investment Company assists plan sponsors of corporate and government workplace retirement plans (ex. 401(a), 401(k), and 457 plans) fulfill their fiduciary responsibilities and prepare their employees for retirement. “After reviewing the service from Fiduciary Benchmarks, it was clear that my clients would benefit from a robust analysis of their employees retirement readiness considering alternative plan designs,” said Michele Suriano, President of CRIC, a woman-owned registered investment adviser.

CRIC worked with Platte Valley Companies based in Scottsbluff, NE to compare their employees retirement readiness utilizing their current plan design versus alternative plan designs. The retirement plan committee quickly recognized the impact an alternative plan design would have on their employees retirement and voted to implement the new plan design. “This is the best investment I ever made for my associates…for a small amount of money to implement, this program can help our 206 employees generate an additional $26 million dollars in higher account balances at retirement,” said Hod Kosman, CEO of Platte Valley Companies, the first company to use the service.

Fiduciary Benchmarks, a leading benchmarking service in the retirement plan industry, selected Castle Rock Investment Company to rollout their Defined Contribution Plan Design Optimization Service. This service provides a comprehensive analysis of the impact on employee retirement readiness of key plan design parameters, taking account of every individual’s age, compensation, deferral rate, investing behavior, social security entitlements and any supplemental savings or retirement income. The result is a customized plan design solution that can significantly improve retirement readiness for an employer’s entire workforce, adding millions of dollars to retirement account balances, while staying within that employer’s given budget.

For additional information employers should contact Michele Suriano by calling 1-303-725-7086 or by emailing her at MSuriano(at)castlerockinvesting(dot) com.

About Castle Rock Investment Company
Castle Rock Investment Company is an entirely woman-owned registered investment adviser serving plan sponsors in Colorado, Nebraska, and Texas. CRIC focuses exclusively on workplace retirement plans to help plan sponsors meet their fiduciary obligations and increase retirement readiness for their employees. More information can be found at http://www.castlerockinvesting.com.

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Kristen Sanchez
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