Riptide Software, Inc. is 401K Certified for Fiduciary Excellence
Summary
Companies that are certified as an Investment Steward have shown they are engaged and focused on increasing the value and satisfaction of the participants of their plan.CEFEX Managing Director Carlos Panksep said: “Through CEFEX’s independent assessment, the certification provides assurance to participants and stakeholders that Riptide has demonstrated adherence to the industry’s best fiduciary practices.”Phil Loeffel, CEO and Founder of Riptide Software said, “we’re excited to show our dedication to our fiduciary responsibilities for our plan and our participants.The annual certification process involves a detailed review of documents, investments and procedures followed by on-site interviews with key personnel.CEFEX works closely with industry experts to provide comprehensive assessment programs to improve the fiduciary practices of investment stewards, advisors, recordkeepers, administrators and managers.
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