Forming a company limits a lot of personal liability, but it gets tricky when it comes to retirement plans. The fact is, liability for the plan’s operations filters down personally to all owners, officers, and even the employees who control the plan. This is true even if you aren’t aware of or didn’t agree to assume such liability.

The U.S. Department of Labor recognizes that companies will almost certainly hire service providers to assist them with fulfilling their fiduciary responsibilities. We will become your 402(a) Named Trustee and Plan Administrator, taking on that personal liability.

Like most 3(38) Fiduciary’s, we provide strong core fund lineups. What’s unique about us, is that we can create custom 3(38) Fiduciary lineups designed just for you. This makes it easy to reduce liability while transitioning your plan. We can look at your existing funds and qualify each fund individually against our Investment Policy Statement. We’ll only replace a fund if it doesn’t meet our standards as the Fiduciary on your plan.