401(k) Investment Management Services

Interlake Capital Management, LLC, is an independent advisory firm that helps retirement plan sponsors and participants in four important areas: (1) optimizing plan design; (2) managing plan investments; (3) advising participants; and (4) delivering operational excellence. In each of these functions, we work hard to minimize total expenses, maximize participant confidence, and deliver great outcomes for all parties. 

To simplify plan sponsorship for employers, Interlake assumes the role of investment manager under Section 3(38) of the Employee Retirement Income Security Act (ERISA). This is the gold standard of fiduciary delegation, reducing sponsors’ legal liability and practical workload while easing ERISA compliance. 

Plan Design with a Purpose

The first step in creating an exceptional 401(k) is getting plan design just right for the sponsor. What are your goals in offering a plan? How does it fit in your larger benefits package? How can we tailor it to fit the specific needs of your workforce? 

Smart, Simple Investment Options

With plan design dialed in, we move on to the construction of the investment program. ERISA imposes—and Interlake embraces—a very high standard of care in the management of investment options for retirement plans. In selecting funds and building a set of five risk-based portfolios, we put fiduciary prudence at the center of our work. Our goal here is simple: to give participants easy access to high-quality, low-cost investment options that offer them the best possible chance of long-term success.  

Conflict-Free Advice

As a truly independent firm, Interlake has no conflicts whatsoever in the selection of funds or the delivery of advice to plan participants. We do not sell investment products. Instead, we sit with our clients on the same side of the table to help them choose among state-of-the-art investment options.

Operational Excellence

To implement great retirement plans, Interlake partners with a select group of firms—recordkeepers, third-party administrators, and trust companies—who share our commitments to precision, helpful service, and reasonable fees. In addition to the many advantages of working with best-in-class service providers in each area, this structure also makes Department of Labor-mandated benchmarking and fee disclosure as simple and transparent as they can be.