# Retirement Solutions: Vestwell Partner Plus

## Vestwell  
Win and retain growing clients with a zero-cost-to-employer plan that elevates your role as a trusted advisor.

## What is Partner Plus?  
Partner Plus is Vestwell’s retirement plan offering for growing conversion plans—combining trusted stable value options with competitive pricing and our open-architecture platform.

Be the advisor who delivers more for less: a no-cost-to-employer plan,¹ scalable participant pricing, and stable value funds from established industry providers.² Clients get access to Vestwell’s award-winning platform paired with curated stable value investment funds from MetLife, Putnam via Franklin Templeton, T. Rowe Price, and Lincoln Financial—making up over $60 billion in assets across US stable market funds and about 10% in total stable value assets in the country.³  
Deliver a smarter, cost-effective retirement solution tailored to conversion client needs—building trust and reinforcing your value.

### Why choose Partner Plus?

## Built for growing clients  
Expand your reach to larger books of business with a powerful retirement benefit designed for plans with over $2.5M in assets.1 Offer a no-cost-to-employer structure and affordable participant fees, further reduced when managed accounts are part of the plan’s Qualified Default Investment Alternative (QDIA).

## Non-proprietary investment lineup  
At Vestwell, your investment lineup is yours, not ours. Our investment shelf is fully non-proprietary, including stable value funds, target date funds, managed account portfolios, and custom lineups. Access over 15,000 funds through our open-architecture platform, so you can design the program that best fits each plan.

## Ideal for conversion plans  
At no cost to employers, Partner Plus provides our most competitive price² to conversion plans with over $2.5M in assets. Lower the cost of plan services for existing clients or new plans in your pipeline that qualify, while delivering the same level of plan flexibility and quality that you and your clients deserve.

## Pricing purpose-built for growing plans.  
Partner Plus is Vestwell’s most advantageous solution for conversion 401(k) plans with greater than $2.5M in assets. Pricing includes asset-based participant fees and flat participant fees––fees charged at a flat value per participant as opposed to a percentage of plan assets––that adjust based on plan size. In contrast to Vestwell Plus, a solution best suited towards smaller to mid-sized plans that offers fixed fees for employers and participants, employers never pay plan fees with Partner Plus and participant pricing is scalable, giving larger plans the most sustainable path forward.

## Managed Accounts  
Partner Plus features Vestwell’s managed accounts offering, a tool that provides employees more personalized asset allocation into a portfolio based on their retirement and investment goals. When managed accounts are part of the plan’s QDIA, certain participant fees are discounted or eliminated entirely, depending on the option you choose.

### "Full" Managed Accounts as the QDIA  
If you select this option for your plans, all participants are defaulted into managed accounts from day one and flat participant fees are $0— waived entirely.

### "Dynamic" Managed Accounts as the QDIA  
Participants starting at a target date fund and dynamically transition into managed accounts as they approach retirement age. Flat participant fees are discounted by $3 per participant per month.

### "Opt-in" Managed Accounts  
Participants have managed accounts available to them as an opt-in plan investment feature; however, they are not defaulted into the managed accounts offering.

## Vestwell conversion plan comparison:  
Eligible plans can save $2,100 on average each year1 with Partner Plus compared with other Vestwell options. If full managed accounts are selected as the plan’s QDIA, monthly flat participant fees are eliminated entirely, providing the most cost-effective option for your clients.

|  | PLUS | PARTNER PLUS | PARTNER PLUS WITH DYNAMIC MANAGED ACCOUNTS AS QDIA | PARTNER PLUS WITH FULL MANAGED ACCOUNTS AS QDIA |
| --- | --- | --- | --- | --- |
| Plan Availability |  |  |  |  |
| Startup/Conversion Plan Status | Startup and Conversion Plans | Conversion Plans | Conversion Plans | Conversion Plans |
| Plan Assets | Startup and Conversion Plans under $2.5M | $2.5M and Over | $2.5M and Over | $2.5M and Over |
| Plan Type | 401(k) and 403(b) | 401(k) | 401(k) | 401(k) |
| Employer Fees |  |  |  |  |
| $0 Employer Fees | X | √ | √ | √ |
| Fixed Employer Base Fee | √ | X | X | X |
| Employer Setup Fee | √ | X | X | X |
| Participant Fees |  |  |  |  |
| Flat Participant Fee | √ | √ | √ | X |
| Discounted Flat Participant Fees | X | X | √ | X |
| $0 Flat Participant Fees | X | X | X | √ |
| Asset-Based Participant Fee(at no more than 5 bps) | X | √ | √ | √ |

# Position yourself as the advisor clients trust for conversion plan solutions.