About Us
Out-Source Your Qualified Plan Administration
For employer-sponsored retirement plans, such as 401(k), 457, 403(b), ESOPs, and defined benefit plans, Admin316 acts as an independent fiduciary. We give plan sponsors the choice to designate a qualified, external specialist to serve as the full-scope 3(16).
316 agrees to the fiduciary duty delegation that comes with this position. Our efforts shield the executives and employees who currently carry out these tasks from fiduciary duty in addition to freeing them up. We are among the most all-inclusive pension administration firms.
Our Mission
Reduce your fiduciary liability by 98%:Take 98% off your fiduciary duty. We take this action since we are now designated as a trustee and co-administrator of your plan. With the exception of timely deposits and accurate information, we will take care of all your obligations.
Handle 99% of the daily operation of your plan:
We will take care of the intricate details of running your 401(k) on a daily basis. Among other things, we will deal with loan processing, hardships, and investment adjustments. We will sign the 5500 and become a listed trustee of the plan.
Since 2005, we have been able to lower all fees from 32% to 65%. An annual benchmarking of the strategies is crucial.
What Makes Us Different
Our objective is to support you in doing what you do best, which is expanding your company.
Our exclusive offerings are 402(a) listed trustee and full scope 3(16) administration. We will ensure that your retirement plan is effective and compliant, and that your employees view it as a benefit.We are gonna visit companies that administer pension plans.
