The REAL Skinny About 3(16) Services

ASPPA [American Society of Pension Professionals & Actuaries]

Providing 3(16) services has become quite commonplace nowadays, but it remains a mystery nonetheless to both clients and providers. What is a 3(16) provider?  What do they do?  How is it different from a 402(a) fiduciary?  What are the risks that a TPA takes on when it decides to be a 3(16) provider?  Is the business worth the risk?  Join Ilene Ferenczy for a comprehensive discussion of the breadth and depth of fiduciary administration services being offered in the market; how you can determine whether you should be in this market and, if so, what services you should be providing; and how to best protect yourself from extraordinary liability.

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