Admin316 is an independent fiduciary for employer sponsored retirement plans, including 401(k) plans, ESOPs and defined benefit plans. We offer plan sponsors the option of appointing a professional, outside expert to act as the administrator on the plan.
316 accepts the delegation of fiduciary responsibility that goes along with this role. Our work not only frees up the executives and staff who currently perform these functions and shelters them from fiduciary liability, it permanently lowers the total cost of maintaining the plan in many ways. In addition to our extensive experience as ERISA Counsel for thousands of organizations and in depth knowledge of the financial services and TPA industries, 316 through its affiliates is certified by DALBAR, Inc. as both a Registered Fiduciary™ and a Fee Disclosure Expert.