Pension Plan Administration
For many smaller companies, the employer often elects to act as the company's pension plan administrator. Even with a small number of employees, most business owners find that performing these duties to the letter of the law is incredibly tedious, complex, time-consuming, and frustrating. Performing these duties objectively can be difficult; because in terms of fiduciary duty, the pension plan administrator has a duty to act in the interest of the plan's participants and not the underlying company.
As the third party administrator, we ensure the legal and operational aspects of the plan are followed and maintained, processes are established where needed and participants are timely informed and paid according to the terms of the plan.