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Don't Be fooled by imposters
There is a big difference between "3(16) Services" and a 3(16) Fiduciary. Unlike a 3(16) Fiduciary, "3(16) Services" are a contractual obligation between a plan and a service provider. A 3(16) Fiduciary assumes not only tasks but the liability as well. If a breech, error or omission occurs a 3(16) Fiduciary will be held liable under ERISA regulations. The Department of Labor does not enforce the contractual obligations of a "3(16) Services" provider. Our Fiduciary Services is not conflicted by providing other services to the plan.
Technology when it matters
We utilize our own proprietary software to ensure your plan remains compliant and that all tasks associated with their duties is fully documented. Developed by former Department of Labor Investigators our technology implements the same strategy of an IRS or Department of Labor Audit
Regulators Encourage Outsourcing
ERISA allows and sometimes encourages the outsourcing of fiduciary duties. By doing so you, as the employer can eliminate a substantial amount of your fiduciary risk and spend more time focusing on your business.