Save Time
We handle all of your plan’s administrative duties so you and your staff can focus on running your business.
Signature Service Package
Optional add-on to traditional TPA services
With the ongoing enactment of new retirement plan legislation and all of the new online demands put on employers by recordkeepers (i.e. Empower, John Hancock, American Funds, etc), it is becoming more difficult for employers to navigate those rules and find the ever increasing amount of time that is demanded by their plans. In order to remedy these problems, we have created a new optional add-on feature called the Signature Service Package that would allow Benefit Solutions to run your plan for you. We will always keep you in the loop on the progress of your plan. The package provides the following features:
-
Reduce Employer Fiduciary Exposure
-
Contribution Deposit Processing
-
Co-Trustee of the Plan (listed in plan documents)
-
Sign 5500’s
-
Approve all Loans
-
Approve all Distributions
-
Maintain ERISA Bond (premium paid by employer)
-
Annual Review of the Plan
-
Assist with choosing the plan’s Recordkeeper
-
Assume Fiduciary Liability for Operating the Plan according to the terms of the Plan
​
Contact us today to learn more about our Signature Service Package and how we can help your plan run smoothly and efficiently.
​
​