Press Release

Freedom Fiduciaries® Launches Innovative Pooled Employer Plan 'Fiduciary Freedom®' Simplifying Retirement Plan Administration for Businesses

Issued by Freedom Fiduciaries

Aug. 3, 2023

Boise, Idaho -- Freedom Fiduciaries®, a leading provider of retirement plan consulting, proudly announces the launch of its cutting-edge Pooled Employer Plan (PEP) called “Fiduciary Freedom®.” This offering is specially designed to address the daily administrative challenges faced by plan sponsors, as well as the increasing fiduciary liability they encounter. It allows them to focus on their core business initiatives while entrusting the day-to-day administration of their retirement plan to fiduciary specialists.

Freedom Fiduciaries® aims to redefine the retirement plan landscape by providing clients with a comprehensive solution that eliminates operational friction and enhances the overall experience of managing retirement benefits. The Fiduciary Freedom® PEP brings together a team of dedicated professionals, enabling plan sponsors to delegate critical oversight responsibilities to qualified professionals who specialize in their respective fields.

Shane Hanson, speaking about the importance of the Fiduciary Freedom® PEP, stated, “Now more than ever, plan sponsors are seeking committed partners who can bring innovative solutions to solve real-life problems in the retirement plan domain. Our PEP is designed to alleviate the burden of day-to-day plan administration and mitigate the escalating fiduciary risk that plan sponsors encounter, enabling our clients to concentrate on their business growth and success. We firmly believe that every plan sponsor deserves Fiduciary Freedom®.”

Cristina Hansen, VP, Director of Client Service at Freedom Fiduciaries®, emphasized the significance of this solution for clients, stating, ” Having worked with clients every day in this space for the past thirteen years, I have witnessed how retirement plans often fall on their priority list, despite carrying significant liability. Our clients have repeatedly expressed the need for simplified solutions, and the Fiduciary Freedom® PEP is our answer to their demands.”

The Fiduciary Freedom® PEP brings together key industry players to deliver a seamless and reliable experience. The collaborative parties include:

1. Finway Group – Pooled Plan Provider (PPP), TPA and 3(16) Administrator
2. Empower – Recordkeeper
3. Freedom Fiduciaries – 3(38) Investment Manager

By partnering with industry-leading entities, Freedom Fiduciaries® ensures that the Fiduciary Freedom® PEP is backed by unmatched expertise and a commitment to exceptional service.

With the launch of PEP, Freedom Fiduciaries® takes a major stride towards transforming the retirement plan landscape and revolutionizing the way businesses manage their retirement benefits. The innovative PEP offers a unique opportunity for plan sponsors to streamline their retirement plan operations, safeguard against potential liabilities, and provide employees with a secure and prosperous retirement future.

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