DENVER, Colo., March 4, 2013 /PRNewswire/ -- Lincoln Trust, a leading provider of open architecture 401(k) solutions for broker-dealers and registered investment advisors, announced today the launch of Model(k), a radically new, low-cost retirement plan solution that provides fiduciary risk management for broker dealers serving the small and mid-sized 401(k) market. Model(k) breaks new ground for broker dealers by providing a packaged solution that offers full 3(21) fiduciary protection, a core fund line-up of risk-based asset allocation models without the investment and platform constraints of the traditional product offerings. Additionally, advisors will receive comprehensive retirement training through Lincoln Trust's 401(k) Academy. "For too long, broker dealers and plan sponsors alike have been looking for alternate solutions to investing for retirement. The industry has been at the mercy of insurers and product providers, whose opaque fee structure and antiquated investment options have failed to deliver true value to participants," said Lincoln Trust Executive Vice President Tom Gonnella. "We are breaking that stranglehold by offering a transparent 401(k) alternative that keeps costs low and for the first time allows the advisor to be on the same side of the table as his or her participants and plan sponsors." A Complete Retirement Plan SolutionRisk management is at the core of the Model(k) offering. In addition to full 3(21) fiduciary risk management, Model(k) provides professional fund management and complete compliance and fee disclosure coverage. "Broker dealers and advisors now have a retirement solution that allows them to focus on managing the relationship, knowing that the plan is professionally managed and protected," said Gonnella. The 401(k) Academy, an intensive 2-day education program will allow the average advisor to become fluent in retirement plans. Lincoln Trust plans to offer a future certification course and CE credits for advisors as well. "We believe the 401(k) Academy will professionalize advisor ranks when it comes to retirement plans, making them more effective at providing the right plan for each client," said Gonnella.