Fiduciary Peach of MindTM

A Retirement Plan Outsourcing Service

You’ve decided to create a new retirement plan. Great! Do you have time for the extra work? Do you know exactly what’s involved? What if something goes wrong? We create Fiduciary Peace of Mind by overseeing an important part of the setup process.

What We Do for You
  • We issue the enrollment kits to eligible employees.
  • We issue the new SPD to plan participants.
  • We help you set up the deferral elections for those employees who sign up to save in the plan.
  • We create the initial census file that the new recordkeeper needs to establish participant accounts prior to the setup period.
Your Responsibilities
  • Sign the paperwork for the new recordkeeper.
  • Keep in touch with the new recordkeeper during the setup process to stay current on important dates.
  • Work with your financial advisor to determine how the new plan will be communicated to your employees.
Assemble Notice Packages
  • The new recordkeeper’s employer website
  • Your payroll system

Pricing for this service is customized based on the needs of your plan.

As an ERISA 3(16) Plan Administrator, Fiduciary Outsourcing is here to reduce the administrative effortresource 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.