Calliope gives brokerage compliance and fiduciary leaders the evidence layer ERISA compliance now demands — fee-reasonableness benchmarks by segment and service code, disclosure-gap detection across your book, and reproducible, sourced analysis that pinpoints the most likely fiduciary weak spots in every plan and documents the review behind them.
Benchmark every broker and service-provider compensation arrangement by segment size and service code — so a "reasonable" determination is backed by the market itself, not a gut call. Build the 408(b)(2) file ahead of renewal, so the documentation is ready before anyone needs it.
See which plans across your book sit above the segment P90 on service-provider compensation, where disclosures are thin or missing, and where plan structure invites scrutiny — so you can address the most likely fiduciary weak spots through routine review.
Walk into any fiduciary review with the work already done. Reproducible, sourced analysis that documents a prudent process — ready for a DOL inquiry, an internal audit, or a benefits-committee meeting.
More disclosure. More documentation. More accountability. Every major move since 2021 has raised the bar for what a defensible fiduciary process looks like — and what compliance teams are expected to have on file.
Brokers and consultants must disclose all direct and indirect compensation to plan fiduciaries under ERISA 408(b)(2). Reasonableness becomes the test.
Disclosure expands to all service providers; PBMs are explicitly classified as covered service providers. The label limitation is gone.
Detailed PBM and affiliate fee disclosure to fiduciaries of self-insured group health plans, including spread and rebate flows.
Exercise discretion over plan assets and you are a fiduciary, regardless of how you label yourself. Motion to dismiss denied.
A documented, prudent process is the enforcement standard. The expectation is simple: show your work.
The filing record is the evidence. Calliope is what turns it into documentation.
Calliope reads five years of the entire benefits market and benchmarks it from its own dataset. The data is the benchmark — which is exactly what makes a determination defensible.
113 segments by service code and group size, computed from the filing record itself. Determine "reasonable" against the market, not a placeholder survey.
Negative space is a signal. A missing Schedule C on a large self-funded plan, a dropped welfare filing — Calliope flags the under-disclosure so you can correct it as part of your review.
Every benchmark and signal traces back to the underlying filing. Audit-ready by construction — it survives a show-your-work review.
Entity-resolved across five years. See every account above the segment P90 on service-provider compensation in one view — not one filing at a time.
Benchmark the firm's own direct and indirect compensation by segment before you disclose it. Walk into the conversation already knowing the answer.
CalliopeResearch answers fiduciary questions in plain English — "Is our broker comp on the Acme plan reasonable for its segment?" — sourced, in seconds.
Run Calliope's AI fiduciary analysis on any plan in your book and produce a plan-sponsor-ready report: a 0–100 fiduciary attention score across the four domains that draw the most scrutiny — PBM, broker fees, Schedule A, and Schedule C. Each score signals how much documented committee review an area warrants — not a legal verdict — grounded in ERISA case law, with the benchmarks and citations behind it.
See how Calliope turns five years of the filing record into documented, defensible fiduciary review — across your book and your own disclosures. Thirty minutes. No slides.
Calliope is a benefits intelligence platform and technology provider. It supports fiduciary documentation and prudent process; it is not a law firm and does not provide legal advice.