Plan Sponsor Services (PSS) is dedicated to improving the decision making process of those responsible for managing employer-sponsor retirement plans. By promoting a culture of fiduciary awareness, PSS helps fiduciaries carry out their responsibilities in accordance with the Federal law governing private-sector retirement plans — the Employee Retirement Income Security Act (ERISA). The primary responsibility of PSS is to service plan sponsors and their plan(s) with the sole interest of participants and their beneficiaries in mind.
PSS and their affiliated partners come from the fields of retirement plan record-keeping and administration, asset custody and investment management. Our collective experience provides unbiased perspectives and advice that lead to better decisions. The services of PSS include assistance in selecting and overseeing plan service providers such as Third-Party Administrators (TPA), Record-Keepers and Custodians / Trustees, and Investment Advisory firms. We reccommend practical solutions to help fiduciaries in the ongoing performance of their fiduciary duties.
There is a need to improve the retirement benefits provided by 401(k) plans. This column focuses on benefit improvements for the one-half of the private sector employees who are covered by 401(k) plans. Read more.
"Did you know that 'Breach of fiduciary responsibility' is the leading cause for arbitration against brokers, and the leading cause for civil and regulatory suits against RIAs?" Expertise in the area of fiduciary liability is critical for today’s plan sponsor. Click here to learn how an AIF® designee can help you.