Report Section Parity

The below table includes the most used Report Sections in our FirmPlus software and its best match within the Fiduciary Focus Toolkit. Please note the overall reports will not be exact replicas. Some data from FirmPlus report sections may need multiple Fiduciary Focus Toolkits to include all data, or may not have a comparable section available at this time. If there are any report sections you are not finding below, please reach out to our Support Team. 

You can find more details on the reporting available to you in the Fiduciary Focus Toolkit in our Report Templates article HERE.

REPORT TYPE	FIRM REPORT SECTION	COMPARABLE TOOLKIT SECTION(S)	NOTES
INVESTMENT MONITORING	Additional Disclosures and Benchmark Definitions	Statement of Additional Disclosures	Statement of Additional Disclosures is an automatic and required section at the end of every report fun within the Fiduciary Focus Toolkit.
INVESTMENT MONITORING	Asset Allocation II (2017)	Holdings Summary	No pie chart with broad asset class %
INVESTMENT MONITORING	Cover Page	Cover Page	Will be some formatting differences, custom cover page available when a report theme is used. *Not as customizable in FFTK
INVESTMENT MONITORING	Evaluation Criteria (2015)	No standalone sections included at top of Watchlist Summary or in Watch List breakdown	If a client wants a separate standalone section, they could build a custom report section in their settings or upload a branded PDF.  Works if criteria consistent across plans.  Wouldn’t recommend if criteria different by plan.
INVESTMENT MONITORING	Executive Summary II (2015)	Executive Summary	Very closely replicates the FiRM section.
INVESTMENT MONITORING	Extended Funds Disclosure	Statement of Additional Disclosures	Statement of Additional Disclosures is an automatic and required section at the end of every report fun within the Fiduciary Focus Toolkit.
INVESTMENT MONITORING	Fund Commentary (2022)	Investment Commentary	Does not include score history from last 8 qtrs.  This history is contained in other sections such as Executive Summary/Holdings History.
INVESTMENT MONITORING	Fund Criteria (2017)	Scorecard*    Watchlist Summary Watchlist Breakdown	Scorecard is only available for LPL 12-pt at this time. See below for Custom Scoring options. The same analysis can be gained using the following sections:   Watch List Summary – Row per fund with a column per criteria used for each investment type.  Includes the total score and a check/x for each criteria. No actual data point values.   Watch List Breakdown – Section per fund with a row per criteria used to evaluate that fund and a column for each of the last 12 qtrs.  The fund values and the pass/fail status is shown for each period and criteria.
INVESTMENT MONITORING	Fund Factsheets	Generic Investment Factsheet	The design of the factsheet will look different from FiRM and will be capped at 1 page while FiRM has 2 pages.  Some of the existing data elements will not be available:   • Quarterly return history table & chart   • Calendar year quartile rankings visual and quartile peer data    • Morningstar Ratings   • A few of risk measures will not be included   *Current comparison would be to use existing factsheets in FFTK
INVESTMENT MONITORING	Performance Summary (2017)	Investment Performance or Investment Snapshot (no Fi360 Score) or Investment Performance and Expense Summary or Standardized Performance Disclosure	There is not an option currently to include the Custom Score as a column in Snapshot when the Fi360 Score is removed (possible plans to add this in future releases). Does not group the funds in separate tables based on active, passive, tdf, and subtotal assets in each type.  All are included together within a given peer group. We only show the since inception return, inception date and gross expense ratio in the Stnd. Performance Disclosure so that would need combined with the Investment Snapshot section to best replicate.
LINEUP COMPARISON	Cover Page	Cover Page	Some formatting differences  may be noticed, especially when custom cover page are used.
LINEUP COMPARISON	Fund Mapping	Fund Mapping
LINEUP COMPARISON	Performance Summary	No exact comparison available within Proposal Report Sections at this time
LINEUP COMPARISON	Plan Composite Return Analysis	Client Performance Summary	Format: Growth chart in FFTK. Bar chart in Firm. There is a calculation in Firm for missing fund performance: Excluded in FFTK per compliance/finra guidance. Median data is substituted in Firm.
LINEUP COMPARISON	Plan Expense Comparison	Annual Cost Breakdown	Format: One page per lineup in FFTK. Side by side in Firm.
LINEUP COMPARISON	Plan Expense Comparison, Plan Lineup Expenses	Proposal Factsheet	Proposal Report in FFTK. Proposal Factsheet includes data from muliple firm plus reports that do not have an exact match in FFTK. It includes costs, and various key stats, scores (including custom scores), assets, etc.
FEE COMPARISON	Cover Page	Cover Page	Will be some formatting differences, custom cover page available when a report theme is used.
FEE COMPARISON	Fee Analysis	Annual Cost Summary	Available within the Monitoring Report in FFTK within Plan Cost Benchmarking Template
FEE COMPARISON	Fee Detail Report	Annual Cost Breakdown	Available within the Monitoring Report in FFTK within Plan Cost Benchmarking Template
FEE COMPARISON	Fee Expense, Revenue Sharing Analysis	Annual Investment Option Cost	Available within the Monitoring Report in FFTK within Plan Cost Benchmarking Template