Retirement Plan Administrator
& Fiduciary Services
Welcome To Admin316
Since ’97, our Independent Fiduciaries and Consultants have been helping businesses across the United States stay ERISA compliant.
Whether your organization offers Retirement Plans, or Health & Welfare Plans covered under the Employee Retirement Income Security Act of 1974, our team is uniquely qualified to manage both.
How We Work
Ensuring compliance with retirement plan regulations is indeed a fundamental pillar of effectively managing your retirement program.
To streamline this complex process, outsource these services to us.
We create innovative solutions with a comprehensive approach to automating crucial tasks such as the preparation of government forms, the generation of necessary documents, and efficient data collection.
By leveraging this technology, you can stay up-to-date with the ever-evolving regulatory landscape, thereby significantly reducing the administrative burden on your team. This not only lightens the resource load but also mitigates the potential liability risks that can arise from non-compliance.
Ultimately, adopting these tools can empower you to maintain your retirement plan with confidence, ensuring that it adheres to the highest standards of prudence and professionalism
Our Services
We offer expert guidance to meet regulatory requirements while safeguarding your organization’s fiduciary responsibilities.
ERISA Section 402(a) Named Fiduciary
A 402(a) Named Fiduciary is designated in the plan document as having the overall authority to control and manage the operation and administration of the plan. Most commonly, the Named Fiduciary is the ERISA section 3(16) Administrator.
ERISA Section 3(16) Administrator
A 3(16) Administrator is the person or entity “so designated” in the plan document. The employer is the default Plan Administrator if none is designated. The Plan Administrator is basically responsible for any fiduciary responsibility not assumed by the ERISA section 403(a) Trustee.
ERISA Section 3(38) Investment Fiduciary
A 3(38) Investment Manager is a fiduciary under ERISA, responsible for selecting, managing, monitoring, and benchmarking a retirement plan's investments. In some plans, they also have discretionary authority to direct fund investments, except in participant-directed plans.
About Us
Admin316 is one of the leading plan administration teams in the United States.
As the entity responsible for overseeing your Retirement Plan’s administration, we serve as your accounts listed Trustee; we must consider that every retirement plan must have at least one named trustee. This means that at least one party is responsible for the fiduciary liability and integrity of the Plan.
Understanding each party’s role in your qualified plan is essential.
Who is the TPA, the Recordkeeper, and the Custodian?
Who is responsible for the plan investments?
Is it our advisors?
Are they licensed to serve as the 3(21) or 3(38)?
Who is responsible for what?
Our Mission
Since 1997, Admin316 has been a trusted provider in the retirement plan space.
Our Philosophy
Admin316 is a trusted wealth management fiduciary offering independent fiduciary management for various employer-sponsored retirement plans, including 401(k), 457, 403(b), ESOPs, and defined benefit plans. We empower plan sponsors by appointing a seasoned 3(16) fiduciary manager to ensure expert oversight and comprehensive support for retirement.
Our Promise
We offer fiduciary asset and risk management services, collaborating with your existing providers, so you keep trusted relationships. Our approach reduces costs by 32%-65%, taking on administrative tasks and day-to-day plan management. We empower plan sponsors by appointing a seasoned 3(16) fiduciary manager for expert oversight.
Our Guarantee
Admin316 is a renowned pension administration company, known for delivering exceptional service while maintaining the highest standards of compliance and accountability. As a trusted fiduciary money manager, we ensure every aspect of your retirement plan is managed with precision, integrity, and a commitment to excellence.
Our Blogs
Individual Retirement Definition: What An IRA Means For You
An IRA—technically the IRS’s “individual retirement arrangement,” and more commonly...
Read More
Employer Pension Explained: Benefits & ERISA Compliance
Imagine offering your team a retirement benefit that guarantees a...
Read More
Employer-Sponsored Retirement Plan Guide: Types & Benefits
An employer-sponsored retirement plan is a tax-qualified program—such as a...
Read MoreFrequently Asked Questions
How can a retirement plan fiduciary help minimize liability for plan sponsors?
A retirement plan fiduciary, particularly a 316 fiduciary, takes on essential administrative responsibilities such as ensuring ERISA compliance, filing government forms on time, and overseeing daily plan operations. By delegating these tasks, plan sponsors can significantly reduce their exposure to fiduciary liability, allowing them to concentrate on their core business activities with confidence.
What role does a fiduciary financial planner play in managing a retirement plan, particularly in collaboration with a retirement plan administrator?
A fiduciary financial planner is essential in ensuring retirement plans are managed with the participants’ best interests in mind. Working closely with the retirement plan administrator, they deliver fiduciary wealth management services that include strategic financial guidance, oversight of investment choices, and adherence to regulatory compliance. This partnership helps plan sponsors fulfill their fiduciary responsibilities while enhancing the plan’s overall performance.
What are the benefits of utilizing a 316 fiduciary for retirement plan administration?
A 316 fiduciary provides comprehensive retirement plan administration, handling all aspects from compliance and participant notifications to essential filings. By utilizing 316 fiduciary services, company executives and HR teams can relieve themselves of these complex responsibilities, entrusting a fiduciary management expert to ensure the plan remains both compliant and cost-effective.
How does fiduciary wealth management, led by a fiduciary financial planner, differ from traditional retirement plan administration?
Fiduciary wealth management encompasses more than just handling the daily administrative tasks of a retirement plan. A fiduciary financial planner provides strategic financial oversight to ensure that the plan’s investments align with the best interests of its participants. These certified professionals go beyond mere compliance, offering long-term strategies designed to optimize plan performance and enhance financial outcomes.
Get in touch with us
Partner with us and make sure your organization’s retirement plans are managed with precision and in full compliance with fiduciary standards
Contact us today to learn how our expert services can support your long-term goals and employee satisfaction.
Contact us today to learn how our expert services can support your long-term goals and employee satisfaction.
361-271-1211
service@admin316.com
4639 Corona #26, Corpus Christi, TX 78411
Monday - Friday, 8:00 am - 5:00 pm