RPAG Launches Retirement Quote System Linking Advisors & Recordkeepers

RPAG, the leading retirement plan advisory platform for advisors and institutions, is excited to announce the release of RFP Express™, the newest addition to the firm’s comprehensive suite of powerful technology, robust practice management resources, and unique investment solutions. Leveraging the RPAG network’s 100,000+ plans and $1 trillion+ in collective assets, RPAG built RFP Express to help solve the timing and accuracy issues that many advisors face when presenting proposals to their clients and prospects. RFP Express revolutionizes the retirement plan pricing process by providing instant quotes from the industry's top recordkeepers in a matter of seconds.

RFP Express™ joins the RPAG Provider Analysis™ live-bid RFP system, and the PlanFees Prism™ annual fee benchmarking system to round-out the firm’s Fee Benchmarking Suite. RPAG launched the Provider Analysis live-bid RFP system in 2010 and it is considered the most precise full-RFP report on the market. PlanFees, was launched by the firm in 2020 and is one of RPAG’s most popular and successful systems to date. PlanFees provides annual fee benchmarking, as well as advisor fee and service benchmarking, against a robust database of similarly sized plans. By combining the apples-to-apples comparison format of Provider Analysis™ with the speed and intuitive interface of PlanFees, RFP Express streamlines the RFP process and provides unparalleled convenience to retirement plan advisors and their teams.

RPAG worked closely with the industry’s leading recordkeepers to create the most accurate, instant, and revealing RFP process available to advisors. RFP Express launches with many of the top recordkeepers providing instant quotes on plans up to $10 million in assets, including American Funds, Ascensus, Empower, Fidelity, Nationwide, One America, Principal, T. Rowe Price, The Standard, Transamerica, and Voya, with many more providers currently in the queue.

With RFP Express, advisors can easily access the information needed to make informed decisions about retirement plans. The process is simple, fast, and user -friendly, making it easier than ever to get quotes from top recordkeepers.

"After many months of design and development, we are thrilled to introduce RFP Express to the market," said Jesse Taylor, RPAG’s Vice President of Business Development. "Our team has worked tirelessly to create a platform that blends the best of both our full-RFP system, with the user-friendly interface of our PlanFees annual fee benchmarking system. RFP Express streamlines the retirement plan pricing and proposal process and gives advisors instant access to pricing from all the top recordkeepers. RFP Express will be a game-changer for our member firms and for our recordkeeping partners."

The launch of RFP Express marks an exciting step forward in RPAG’s mission to provide retirement plan advisors with the most comprehensive suite of technology, resources, and solutions, and to help them create successful solutions for their clients and plan participants.

To learn more about RFP Express or any of our other services tools, click here.

About RPAG

Retirement Plan Advisory Group™ (RPAG™) is the industry’s leading retirement plan practice management platform designed for elite advisors and institutions to create successful outcomes by protecting plan fiduciaries and engaging plan participants. Founded in 2004, RPAG now supports thousands of advisors across the U.S., who collectively serve over 100,000 plan sponsors, with more than $1 trillion in assets under influence, and 10 million plan participants. Core practice areas include retirement plan investment scoring, fee benchmarking, financial wellness, fiduciary education, collective investment trusts (CITs), target date funds (TDFs), sales and marketing solutions, and much more!