An unbundled provider provides administration services separate from the investment management products. An unbundled provider can work with many different recordkeepers, allowing you the flexibility to choose the best investment strategy without compromising on the quality of administration services.
The unbundled platform provides for clean separate pricing of the investment products, recordkeeping, and other services. An unbundled strategy frees the plan sponsor to choose their recordkeeper and Third Party Administrator separately.
A third-party administrator (TPA) is a firm that handles various types of administrative responsibilities, on a fee-for-services basis.
Investments, such as equities, loans, and other investments must be held in a trust.
Persons handling plan funds or other plan property generally must be covered by a fidelity bond to protect the plan against fraud and dishonesty.
Qualified advisors from Retirementplans.com will review your plan annually and advise you if your plan needs updating for compliance with federal regulations.
Contact us today to see if your current objectives are being reached in the most efficient way possible.
In addition to providing benefits for your employees, there are tax advantages to you, the plan sponsor. Retirement plans also attract new talent and retain current employees, resulting in reduced turnover and increased profitability for your company.
After selecting the desired features, a written plan document is required as well as selection of the funding vehicles to be held in trust. RetirementPlans.com will walk you through each step of this process.
There are fees associated with recordkeeping, administration, and compliance for a plan. In addition there are fees associated with the funding vehicles. We will design a plan to match your comfort level with any required contributions or liabilities.
We work with over twenty recordkeepers, including brokerage accounts for pooled assets. Please contact us directly for a complete list.
Our relationships are tailored to meet each client’s needs. We will work with you to provide Summary Plan Descriptions and information needed for enrollment meetings. We can also attend enrollment meetings. We consult on plans for which the financial advisor is the main contact, and on other plans the financial advisor may strictly manage investment portfolios. We do not take a one size fits all approach to our relationships.
We have been in business under the same ownership for 27 years. Our employees average 10 years of employment with Retirementplans.com. Our low turnover rate means you will be assigned a consistent contact familiar with your plan(s). We strive to develop strong relationships with financial advisors where we can work together in the best interest of our mutual client(s).
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