INDEPENDENT 3(16) PLAN ADMINISTRATOR
A Plan Administrator is legally responsible for governing a retirement plan, overseeing the prudent handling of plan assets, plan operations, appointing other fiduciaries, and monitoring service providers.
Roland|Criss is a professional ERISA section 3(16) retirement plan administrator delivering governance and internal controls for your enterprise.
White Paper
ERISA 3(16) Services
It is understandable that many retirement Plan Sponsors would like to absolve themselves of their fiduciary liability to an outsourced party. But is the increasingly popular idea of engaging a “3(16)” service provider practical or is it even safe?
Plan Audit Preparation
CPA Plan Audits Demand More Precise Readiness
Starting in 2022 the U.S. Department of Labor subjected CPAs’ audits of qualified employee benefit plans to increased scrutiny. That means more work for finance and human resources executives and greater responsibility for the accuracy of an audit. Roland|Criss’ audit preparation team lightens the load and ensures meticulous results.
Practical Tip
5 Answers to Best Practices Questions
We asked experts in our Risk Practice Group to reveal the questions most frequently asked by human resources managers about best practices for enterprises that sponsor retirement plans qualified under the Employee Retirement Income Act (“ERISA”). In this issue of TIPS, you’ll find answers about the top five questions they ask.
Practical Tip
Doing Fiduciary Governance Right Matters
Any organization that sponsors a regulated retirement plan needs a blueprint for compliance and a system for governing the plan that integrates with its overall enterprise risk strategy.
