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Press Releases by Date   |   Press Releases by Company Name


View More Press Releases by Pentegra

Press Release

Pentegra Designates March 16th 3(16) Day

Issued by Pentegra

Mar. 14, 2022

White Plains, NY, March 14, 2022 - Today, Pentegra Services, Inc. (Pentegra) announced it has designated March 16th “3(16) Day” to celebrate its expertise as the preeminent 3(16) fiduciary services provider in the retirement industry.

As one of America’s oldest independent fiduciaries, Pentegra believes the value of a 3(16) fiduciary should be celebrated. 3(16) fiduciary outsourcing delivers a strategic solution for retirement plan sponsors by helping them save time, minimize fiduciary risk and reduce work by outsourcing time-consuming retirement plan responsibilities to an expert team.

“Today, our 3(16) fiduciary services are a key differentiator for Pentegra in the retirement plan industry. As one of America’s oldest independent fiduciaries, we like to think we do “fiduciary” better than anyone else,” said John E. Pinto, Pentegra CEO.

3(16) day acts as a reminder of the key benefits that 3(16) fiduciary outsourcing offers plan sponsors—saving them time, reducing workloads and minimizing liability, so that retirement plans run with less risk, greater efficiencies and improved outcomes. Along with informational videos and educational resources that highlight Pentegra’s capabilities, the day will feature a live PENTalk webinar on Wednesday, March 16, 2022 3:16 PM - 3:45 PM EDT.  The webinar will feature an expert panel discussion on how 3(16) fiduciary services work and real life case studies and success stories. To register, click here:

https://bit.ly/3th3gL1

“3(16) Day is an opportunity to promote our capabilities to advisors, clients, and enterprise partners. We are proud of our completely independent fiduciary services,” continued Pinto. “More and more companies are trying to do it all, and that ‘all-inclusive’ mentality starts to blur the lines of convenience and independent oversight. Our first, and only, priority is administering our clients’ plans.”

Visit 316fiduciaryday.com for more information on Pentegra’s 3(16) fiduciary solutions. 

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Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.