Retirement Plans for Professional Services Firms

Consultants, accountants, and service-based businesses carry fiduciary responsibility under ERISA just like any other employer. Admin316 assumes that administrative burden so your leadership team can focus on serving clients.

What Admin316 Does For Professional Services Firms

Professional Services Firms Carry Fiduciary Liability That Often Goes Unnoticed

Consultants, accountants, marketing agencies, and other professional services firms become personally liable under ERISA the moment they sponsor a retirement plan, responsible for administration, participant notices, government filings, and compliance oversight. Most leadership teams are focused on client deliverables, not plan compliance, and that gap creates real exposure to IRS penalties, DOL audits, and personal liability.

IRS Penalties & DOL Audits

Personal Liability for Partners

Compliance Distracting From Client Work

Admin316 Assumes Your Firm's Fiduciary Responsibilities

Admin316 serves as your 3(16) Plan Administrator and 402(a) Named Fiduciary, assuming the administrative responsibilities that would otherwise rest on firm leadership. We handle filings, notices, eligibility, and compliance coordination while working alongside your existing advisor and recordkeeper, so your team can stay focused on billable work.

3(16) Plan Administration

402(a) Named Fiduciary

Works With Your Existing Team

Responsibilities We Handle on Your Behalf

From participant notices to Form 5500 filings, Admin316 takes over every administrative fiduciary obligation tied to your firm’s retirement plan, so your leadership team carries none of the compliance burden.

Participant Notices & Form 5500

Eligibility · Loans · Distributions

Compliance Coordination Year-Round

What Your Firm Gains When Admin316 Takes Over

Admin316 brings over 25 years of exclusive ERISA expertise to professional services firms — reducing liability, saving time, and improving governance without disrupting your existing advisor or recordkeeper.

Reduce Liability

We assume the fiduciary responsibilities that make plan sponsorship personally risky, protecting partners from direct IRS and DOL exposure and personal liability claims.

Save Time

Your partners and staff are freed from time-consuming plan administration demands, giving them back billable hours and time to focus on clients.

Preserve Advisor Relationships

We work alongside your existing financial advisor and recordkeeper without replacing or disrupting those relationships, we enhance what is already working.

Improve Plan Governance

A clearly designated independent fiduciary creates a stronger, more defensible governance structure for your firm’s retirement plan, reducing audit risk for every partner.

client reviews

Admin316 Client Result

Plan Sponsor · Admin316 Client

Over $142,000 in Client Penalties Avoided

"Admin316's analysis of our DOL filings uncovered excessive fees and saved our company more than $142,000 annually."

"Admin316 has made managing our retirement plan significantly easier. Their team is responsive, knowledgeable, and proactive about the administrative responsibilities that used to take time away from our internal team. Having experienced professionals helping oversee the plan gives us greater confidence that important details aren't being overlooked."

Racheal Admin316 Client

"Working with Admin316 has taken a tremendous amount of administrative work off our plate. They understand the responsibilities that come with sponsoring a retirement plan and help make sure things get handled correctly and on time. The biggest benefit for us has been having a team we can rely on instead of trying to manage everything internally."

Ron Admin316 Client

"Admin316 brought structure and accountability to the way we manage our retirement plan. They helped us better understand who was responsible for what and took over many of the administrative responsibilities our team had been handling. Their knowledge and responsiveness have made them a valuable partner to our organization."

Scott Admin316 Client

"One of the best things about working with Admin316 is knowing there is a team focused on the details of our retirement plan every day. They are proactive, accessible, and willing to explain issues in plain English. It has allowed our management team to spend less time worrying about plan administration and more time running our business."

Paul Admin316 Client

"Admin316 helped simplify what had become a complicated and time-consuming responsibility for our company. Their team has been professional, responsive, and easy to work with. I especially appreciate having a clear process and knowing exactly who is responsible for getting things done."

Ryan Admin316 Client