Meet The Challenge Head On – Another Level of Service and Protection
As an employer, sometimes it feels like you are bombarded with an endless list of to-do items for your retirement plan. While your 401(k) providers help, sometimes you need more help. That is why RPSI provides another level of specialized administrative services to companies with retirement plans.
RPSI serves a Fiduciary to the plan
What is a 3(16) Fiduciary? An ERISA 3(16) fiduciary acts as THE plan administrator. The 3(16) administrator is responsible for managing the day-to-day operation of the plan.
As a 3(16) Fiduciary, RPSI handles:
- Loan and Distribution Management
- Accept signing authority for loans and distributions
- Review and approve QDROs
- Approve hardship distributions
Participant Notice (Mailing Services)
- Review provider notices
- Mail notices to participants
Government Filing Services
- Review and sign the Form 5500
- Review the audit report
A New Level of Service and Protection
Have more questions? Give us a call to discuss your plan needs.