As an expert third party administrator, QRPS performs many important administrative and compliance tasks for your retirement plan. Even with a bundled arrangement with an investment platform provider, you (Plan Sponsor) are still responsible for many fiduciary and operational tasks. Many business owners find these requirements complex and burdensome.
These tasks also add the risk of personal liability to business owners and/or the executive management team overseeing the plan. Now you have the opportunity to elect QRPS Fiduciary Partner to become an ERISA 3(16) Administrative Fiduciary for your qualified retirement plan, to relieve you of these various fiduciary and operational tasks.