3(16) Fiduciary Partner Program

imageManaging the day-to-day operation of a retirement plan can be complicated and time consuming.

With over 25 years of retirement plan administrative experience, The Retirement Plan Company (TRPC) has the expertise to act as a co-fiduciary and reduce your fiduciary responsibilities and potential liability. Our team of CPAs, administrators, and actuarial professionals take these burdens off your plate. We focus on the administration of your plan, so you can focus on your business.

Standard Services Provided:

  • Plan Design Consultation
  • Completion of the Plan Document &
  • Summary Plan Description
  • Maintenance of the Plan Document
  • Interpret the Plan Document Provisions
  • Review the Fidelity Bond
  • Complete Compliance Testing
  • Confirm Required Employer Contributions
  • Review & Monitor Vesting
  • Prepare & Distribute Participant Notices
  • Prepare Form 5500
  • Administer Loans & Distributions

Distribution Services Provided (optional):

  • Authorize Loans
  • Authorize Termination Distributions
  • Authorize In-Service Withdrawals
  • Authorize Hardship Withdrawals
  • Authorize Required Minimum Distributions
  • Authorize Corrective Refunds
  • Authorize Qualified Domestic Relations
  • Orders (QDROs)

5500 Execution Services (optional):

  • Sign & File Form 5500
  • Sign & File Form 8955-SSA, as applicable

Fee Schedule

Annual Administrative Fees

ParticipantsBase FeeElectronic Delivery FeePaper Delivery Fee
0-99$500$1 per participant$5 per participant
100+$750$1 per participant$5 per participant

Distribution Processing (optional)

(Termination, Hardship, RMDs, QDROs, etc)

Distributions$25 per distribution
Loans$50 per loan

Other Services
(optional)

5500 Execution$300 for plans with less than 100 participants
(Ask for a quote for larger plans)

Additional services may be quoted upon request. Additional fees may apply for postage, copying, printing, and other functions. These fees will be at cost plus 10%. 3(16) Fiduciary Partner Program fees are in addition to the standard TRPC plan administration fees.