The investGrade Recordkeeper Dashboard is a specialized interface designed to empower recordkeepers with tools and insights necessary for fund oversight. This guide details the dashboard's key widgets and offers guidance on leveraging these tools to enhance your operational efficiency.
Dashboard Overview
The Recordkeeper Dashboard provides a holistic view of plan data, participant engagement, and administrative tasks. Its intuitive design ensures you have quick access to essential metrics, updates, and functions critical to your work.
Current QuarterThe latest published quarter. Data is usually published several weeks after the end of a quarter. Previous QuarterThe quarter before the most recently published quarter
Widgets and Their Uses
1. Welcome Tile
Your name and organization link to the user configuration settings on the top right of the widget
2. Total Assets
Description: This is a comprehensive summary of your total assets being tracked in investGrade.
Usage: Monitor your total assets and their increase or decrease by quarter indicated in the top number
3. Overall GPA
Description: Your overall GPD across all active plans
Usage: Review an overview of your overall performance with the latest published data and change since the last update.
4. Critical Plans
Description: Provides insights into active plans that have and average GPA of 2.5 or lower
Usage: Analyze critical clan performance and how much of your portfolio is affected
5. Plans Without Advisor
Description: Active plans without an assigned advisors in the latest data
Usage: Review how many plans are functioning without direct oversight of an advisor and determine where to possibly take action
6. GPA Score Lookup
Description: Search designed to quickly find the current quarter GPA score of any fund
Usage: Search for funds by name, plan ID, or ticker to see its GPA score
7. Plan Performance Breakdown
Description: Data displays only the performance of the lowest/highest plans of the latest published quarter ranked by assets and GPA score. Other plans may have performed in those rankings in previous quarters.
Usage: Review high level performance by GPA, assets, and rank of the lowest or highest plans in your book of business.
8. Top 5 Asset Managers
Description: This is a comparison of the aggregated asset totals from Asset Managers
Usage: Review the current standing of Asset Managers associated with you book of business by assets and placements
9. Strategy Holdings by Assets
Description: This is comparison of the disparate strategy holdings only by assets sorted by highest or lowest from the current quarter
Usage: Review the current standing of strategy holdings in your book of business by assets
10. Fund Strategies by GPA
Description: This is a comparison of overall GPA performance sorted by highest or lowest from the current quarter
Usage: Review the current standing of strategy holdings in your book of business by assets
11. Plans without Advisors
Description: This widget shows the active plans running without direct oversight of an advisor.
Usage: Review plan performance by GPA and assets to evaluate priority of attention for the plans without advisor.
12. Book of Business Breakdown
Description: This chart is a representation of your book of business broken down by asset groupings and displaying number of plans, percentage of book of business, and amount of assets in each group.
Usage: Review performance of each of the asset groups to evaluate which groups may need attention.
Tips for Effective use
Regularly check the Plan Overview and Plan GPA Metrics for a macro and micro perspective on plan management.
Use Compliance Alerts and Recent Activity to maintain regulatory compliance and stay updated on plan changes.
Leverage Participant Engagement insights to enhance communication strategies and boost plan participation rates.
Dashboard Feature in Review
The Recordkeeper Dashboard in investGrade is your centralized command center for overseeing the overall performance of your book of business. Familiarizing yourself with each widget and incorporating their insights into your daily workflow can significantly enhance your operational effectiveness and service quality.For additional support or more detailed information on specific dashboard features, please visit our Help Center or reach out to our support team.
This article is crafted to equip recordkeepers with the knowledge to navigate and utilize the Recordkeeper Dashboard effectively, fostering a comprehensive understanding of its features for improved plan management and oversight.