Rollover Documentation Built for Regulatory Review
Every rollover file your firm produces should be able to withstand a DOL examination without supplemental explanation. Here is what that takes — and how the tool builds it automatically.
What Examiners Look For
Under PTE 2020-02, advisors must demonstrate that their rollover recommendation satisfies the Impartial Conduct Standards. Examiners review documentation for these elements:
Documented comparison of all fees between the existing plan and the proposed IRA, including administrative fees, investment expenses, and any additional charges.
Evaluation of services available under both arrangements — investment advisory, financial planning, account features, and distribution options.
Comparison of available investment choices, including fund diversity, asset classes, and whether comparable options exist in both scenarios.
A documented explanation of why the rollover recommendation is in the client's best interest, addressing each relevant factor.
Record of all material conflicts of interest disclosed to the client, including compensation differentials.
Timestamped record of when the analysis was performed, what data was used, and how the recommendation was reached.
What Your File Will Contain
Every completed analysis produces a professional PDF report with these elements:
How the Data Gets There
The tool automates data collection and structures the analysis so documentation is consistent across every case.
Form 5500 Integration
Search over 500,000 employer retirement plans by company name. The tool pulls fee schedules, participant counts, and asset data directly from DOL filings — no manual data entry required for plan-level information.
Structured Factor Analysis
Each factor (fees, services, investment options, distribution provisions) is evaluated and documented individually. Weighted scoring reflects client-specific priorities, producing a defensible basis for the recommendation.
Automated Report Generation
The completed analysis is compiled into a professional PDF with all required documentation elements, disclosures, and a timestamped audit trail. Reports are stored in your account for retrieval at any time.
Built for Firms Without a Compliance Department
Enterprise rollover tools were built for large broker-dealers with dedicated compliance teams. If you are an independent advisor or small RIA, you need documentation that is just as rigorous — without the enterprise price tag or the 3-week implementation timeline.
Per report credit. No subscription required.
From signup to first analysis. No sales calls.
Reports included. No credit card required.
Frequently Asked Questions
Does this meet PTE 2020-02 documentation requirements?
The tool is designed to align with PTE 2020-02 documentation standards, including the Impartial Conduct Standards. Every analysis produces a structured comparison of fees, services, and investment options, along with a written rationale and complete audit trail. However, regulatory compliance ultimately depends on how the tool is used and the accuracy of the information provided. We recommend reviewing output with your compliance team.
What if the DOL requests my rollover files?
Every completed analysis generates a professional PDF report containing all documentation elements that examiners typically review: fee comparisons with sourced data, factor-by-factor analysis, written rationale, disclosures, and a timestamped audit trail. Reports are stored in your account and can be exported at any time.
Where does the plan data come from?
Plan-level data is sourced from the DOL's Form 5500 database, which contains filings for over 500,000 employer retirement plans. The tool automatically pulls fee information, participant counts, and asset data when you search by company name. You can also enter data manually or upload fee disclosure documents.
Can I use this for retrospective reviews of past rollovers?
Yes. The tool supports retrospective analysis for reviewing prior rollover recommendations. This is relevant for firms conducting periodic compliance reviews or responding to regulatory inquiries about past recommendations.
How is this different from doing the analysis in a spreadsheet?
A spreadsheet can document a rollover analysis, but it doesn't standardize the process, source data automatically, or produce a consistently structured report. The tool ensures every analysis follows the same methodology, pulls current Form 5500 data, applies weighted factor comparison, and generates a professional PDF with a complete audit trail — reducing the risk of documentation gaps.
See What a Complete File Looks Like
Run a sample analysis with 2 free reports. No credit card required.