We understand the fiduciary responsibilities and liabilities that come with being a plan sponsor. With our 3(16) fiduciary partner program and our 3(38) investment fiduciary program, we can help you reduce your fiduciary responsibilities and potential liabilities.
3(16) Fiduciary Partner Program
With us acting as a co-fiduciary, we can reduce your fiduciary responsibilities and potential liabilities, and facilitate your day-to-day retirement plan operation. Our team of CPAs, administrators and actuarial professionals focus on the administration of your plan — including handling participant questions and interaction — so you can focus on your business.
3(38) Investment Fiduciary Program
Offered in conjunction with your plan participant education and enrollment services, we act as your plan’s ERISA Section 3(38) investment manager, assuming investment fiduciary responsibility for you as the sponsoring employer. This program includes fund research and selection, ongoing fund monitoring and reporting, replacement of underperforming funds, and communication of investment changes with participants.
We also maintain a series of professionally managed model portfolios, which are intended to simplify fund selection and enable participants to select an asset allocation appropriate for their age and risk tolerance.
