Fee and service audit

Solving problems before they happen.

fee & service audit

we assist clients to evaluate if an rfp is worth the time of the investment committee and staff.

The advantages to the client are:

  1. Independent third party completing the assessment

  2. We utilize our knowledge of the market as well as interviewing a small number of service providers without utilizing the sponsors name to get up to date prices. All service categories have changed in the marketplace in the past 3-5 years.

  3. Culpepper RFP would complete a report that documents our findings for the sponsor and fiduciary file.

Frequently Asked Questions

  • If you’re the person carrying the responsibility for benefits decisions inside the organization, this will feel familiar. Culpepper RFP supports HR and finance leaders, ERISA counsel, and committees—because the pressure and the risk often land on your desk either way.

  • Culpepper RFP focuses on managing the RFP process itself, so you’re not piecing together vendor comparisons, chasing information, and trying to document everything in between your day-to-day responsibilities. You’re still involved in direction and fiduciary decisions, but the heavy lift of gathering, organizing, and evaluating is handled through our documented process.

  • Our services are designed to reduce the time executives and internal teams spend managing details. Expect some upfront coordination and a few check-ins along the way, but the goal is that you’re not carrying weeks of follow-up, tracking, and evaluation work on top of everything else.

  • That’s a real concern.Our services are positioned as an independent third-party evaluation process, which can lower the temperature and keep the focus on documented criteria instead of internal pressure or preference. It won’t erase politics, but it can give you a clear, neutral structure to point back to.

  • No. Our independent evaluation processes support people who are accountable for the outcome, even if the technical details aren’t your daily focus. We can help you evaluate whether going to an RFP is even necessary, which is often what you want when you’re trying to make a smart decision without creating extra work.

  • If you’re thinking, “I’m not sure what level of process we actually need,” you’re not alone. Before you sign up with us we will review your objectives and discuss the most cost and time effective solution.  Our services include fee and service benchmarking, RFI evaluation, and full RFP evaluations—so the approach can match the situation instead of defaulting to the most intensive option.

Why Wait?


Schedule a call to learn how Culpepper RFP can save you time, money and headaches.