Enrollment Processing
Fiduciary Peach of MindTM
A Retirement Plan Outsourcing Service
Enrollment is a time-consuming process you must perform for newly hired employees. Fiduciary Peace of Mind means that we determine what needs to be issued to someone about to become eligible for the plan and we mail all the necessary communications to the employee on your behalf.
Determine Eligibility
Deliver Enrollment Package
We mail enrollment packages to participants’ homes. If we can meet the Department of Labor and Internal Revenue Service rules for emailing, we email the enrollment packages instead.
Your plan must have a minimum eligibility period of 2 months in order for us to provide this service.
Timeline for Mailing
prior to entry date
Determine who is likely to enter the plan on the entry date
prior to entry date
Ensure all enrollment material is up to date
prior to entry date
Send enrollment kits to commercial printer for mailing
prior to entry date
Work through any problem addresses identified by commercial printer
prior to entry date
Commercial printer mails enrollment kits
Timeline for Emailing
prior to entry date
Determine who is likely to enter the plan on the entry date
prior to entry date
Ensure all enrollment material is up to date
prior to entry date
Email enrollment kits
Pricing
Pricing for this service is customized based on:
As an ERISA 3(16) Plan Administrator, Fiduciary Outsourcing is here to reduce the administrative effort, resource burden and risk of liability of your retirement plan. We implement customized outsourcing options to fit your needs so that you can rest easy knowing your plan is compliant with rules and regulations.