Press Releases

ExpertPlan Forms a New Product Partnership with One Capital Management


EAST WINDSOR, N.J., Oct. 11, 2012 /PRNewswire/ -- ExpertPlan the leading provider of private label recordkeeping plan services, announced today that it has formed a new product partnership with One Capital Management, LLC. (OCM), the Westlake Village, CA based firm that provides managed retirement portfolios comprised of ETFs and also serves in an ERISA 3(38) capacity providing discretionary co-fiduciary services for retirement plans and participants. ExpertPlan will provide recordkeeping and administrative services for OCM's Strategic Retirement Solutions Model Program. Under this program OCM establishes and maintains strategic asset solutions models (Models), which are offered as investment alternatives to plan participants.  If a Model is selected by a participant, OCM invests the assets of the participant's account in a mix of exchange-traded funds (ETFs) in accordance with the selected Model.


The product is a non-commissionable, full-service retirement plan that offers investment options for plan sponsors who are seeking balanced asset-allocation models to add to their company retirement plans. OCM supported portfolios are low-cost and provide participants investment opportunities without the higher costs of traditional mutual funds or funds of funds. 

The average Mutual Fund in a 401(k) plan has an investment expense of 1.24%. The OCM Strategic Retirement Solution (ETF Only) portfolios have an investment expense of 0.34%.* Strategic Retirement Solution (ETF Only) is a means to diversify a portfolio across multiple geographic regions, asset classes, and sectors to enhance investment returns and reduce risk. OCM actively manages global equity and fixed income ETF's to construct their multi-asset class retirement portfolios.

According to Patrick J. Bowen – President and partner with One Capital Management, "We believe that ExpertPlan shares OCM's goal to provide clients with a retirement planning solution that fits the needs of both the plan sponsor and participants.  Getting employees 'retirement ready' requires more than just providing a good 401(k) plan and a range of investments."   The new product partnership will allow the plan sponsor to transfer fiduciary liability for overseeing plan investments by formally "delegating" responsibility in writing to One Capital Management as the ERISA section 3(38) investment manager.  This solution also clearly discloses all plan expenses to help plan sponsors comply with the new fee disclosure environment and fully understand all of the plan costs, thereby helping plan sponsors to gain further protection from fiduciary liability.  "At OCM we advise plan sponsors, committees, and fiduciaries in understanding and addressing responsibilities to their plan and participants. As such, we wanted a solution that would benchmark favorably in today's fee sensitive environment.  That is why we partnered with ExpertPlan, by combining their cost-effective full-service solution with our portfolios that are comprised of low cost ETFs, employers and participants are receiving a very attractive offering." confirmed Brad M. Barrett, Vice President of Wealth Management and Director of Retirement Plan Solutions at One Capital Management.

This product partnership allows ExpertPlan to provide support to financial professionals to meet the ever increasing demands of plan sponsors. "We are extremely pleased that One Capital Management selected ExpertPlan as their strategic partner to support their Strategic Retirement Solution  Model Program, as well as their ERISA section 3(38) investment manager offering. This solution provides a tremendous benefit and relief for plan sponsors and participants in the micro and small business marketplace." stated Rick Keast, Senior Vice President of Sales and Business Development.

About ExpertPlan, Inc.:

ExpertPlan, Inc., headquartered outside of Princeton, New Jersey, is the premier provider of private-labeled recordkeeping solutions to asset management firms, TPAs, RIAs, broker dealers, insurance companies, CPAs, payroll companies, accountants and banks that serve 401(k) and other defined contribution plans. The firm's scalable recordkeeping solution can be customized to fully integrate with a client's business and distribution models. For more information about ExpertPlan, visit

About One Capital Management, LLC (OCM):

One Capital Management (OCM) was formed in 2001 with a singular objective - help individuals protect, grow, and distribute their wealth per their most personal objectives. Today, the firm manages assets for individuals, families, trusts and retirement plans.  OCM assists our clients in achieving their investment objectives at the least risk possible. Inherent in that is a fiduciary responsibility to protect the assets they have accumulated and to provide a level of comfort with their investments in the capital markets. Providing peace of mind is essential in helping clients make the right decisions, especially when their emotions might persuade them to do otherwise. For more information about OCM's retirement plan services, visit


SOURCE ExpertPlan, Inc.