As the sponsoring employer, what should concern me?

As Plan Sponsor, you are responsible for the operation and maintenance of the plan. Fortunately, the rules allow you to hire others to do most of the work. For example, a Third-Party Administrator can help with participant accounting and IRS reporting. Some of the areas that have to be covered are:

• Plan Design
• Ongoing Administration
• Compliance: Keeping up with changing regulations
• Investment Selection and Monitoring
• Enrollment and Employee Communication
• Trustee Functions and Safekeeping of Assets

At Lucien, Stirling & Gray, we provide a one-stop interface with all of these functions. We work with thousands of investment vehicles, plus Administrators and Trustees from local and national providers.