3(16) solution sheet

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Page 1: 3(16) solution sheet

Employers look for a service provider to offer more than just guidance regarding keeping their retirement plan in compliance. They want an expert in the field, who can demonstrate their superior competency, help fulfill their fiduciary responsibilities, and who are aware of the rapidly changing regulatory trends and laws to ensure that their plan is compliant.

With the selection of our extended administration solutions, Benefit Consultants Group, Inc. (BCG) will act as an ERISA 3(16) co-fiduciary, and take responsibility for many of the day-to-day operations of the plan. With BCG’s 3(16) Fiduciary Solution, BCG can simplify plan administration and offer the peace of mind knowing your plan administrative needs are being taken care of.

Benefit Consultants Group, Inc. | 51 Haddonfield Road, Suite 200 | Cherry Hill, NJ 08002800-524-401k, option 3 | www.bcgbenefits.com

YouR ExpERt to offER ComplIaNCE aSSIStaNCE

WE CaN HElp You allEvIatE tHE StRESS of KEEpING YouR plaN ComplIaNt BY:• Minimizing risk by letting us serve as the designated plan administrator to handle many of the plan sponsor’s duties• Simplifying the day-to-day administrative duties, such as participant notice distribution and transaction processing• Selecting the level of support service for your individual administrative needs• Knowing that plan administration duties delegated to BCG are being handled properly and in accordance with regulatory requirements• Allowing you to refocus your time on your business related issues

Learn more about our ERISA 3(16) Fiduciary Solutions 800-524-401k, option 3

ERISA 3(16) Fiduciary Solutions

pRovIDING SolutIoNS You CaN tRuSt We know the plan administrative responsibilities of operating a retirement plan can be intimidating and time-consuming. Why not let BCG manage these functions, and let our experts provide the knowledge and guidance to ensure that your plan is operating according to the laws and regulations of the IRS and DOL. We will provide a solution to meet your needs, free up your time currently spent performing these tasks, and protect your business from the associated potential liabilities.

Taking advantage of this service is just as easy. Simply sign our service agreement -- that’s it! We’ll do the rest so you can concentrate on your daily business needs.

Plan Document

Maintenance

Government Filings

Participant Notice

Requirements

Benefit Distributions

Participant Loan

Administration