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TPA Services
Recordkeeping
& Plan Administration
The Revzon
Consulting Group provides non-daily recordkeeping (Monthly or
Quarterly) - we feel it is more cost-effect and offers a broader
array of investment choices. It is also more consistent with the
long-term time-frame for investing assets of a retirement plan.
Scope of
Recordkeeping Services
Administration Services
Complete all plan
documentation including:
-
Prototype plan
- Board
resolutions
- Summary
plan description.
Provide all
administrative forms necessary for operating the plan
Experience
and integrity—the underpinning of our TPA Services. Our
experience is made up of over 35 years in the Retirement Plan
business. Our integrity is acknowledged by our clients.
Rethinking your
employee retirement plans?
Changing pension
legislation and competitive pressures have prompted employers to take
a look at their employee retirement plans. Government agencies
are scrutinizing costs that participants are paying for recordkeeping
services. Between investment costs and recordkeeping costs a large
percentage of investment growth is going to simply cover costs and
not providing benefits.
A 401(k)
Plan should not be the same as day trading!
A retirement is a long term commitment and should be treated as
such. Therefore why pay the costs, or make your participants pay it,
for daily recordkeeping? Balance-forward Recordkeeping offers
frequent valuations (often monthly), allows frequent investment
changes but doesn’t have the high costs of daily recordkeeping.
The mutual fund
industry has made plan sponsors think that daily recordkeeping is a
benefit to participants; the only one who benefits from daily
recordkeeping is the mutual fund industry.
With balance
forward recordkeeping you get to pick whatever investment options
offer the best returns and the most reasonable fees.
Since The Revzon
Consulting Group does not take any 12b1 fees we don’t care which
investment option you choose; remember your fiduciary duty makes it
imperative to administer the plan for the sole benefit of the participants.
Fortunately,
there’s a 401(k) recordkeeping firm to help you meet your
fiduciary responsibility - The Revzon Consulting Group. We
offer excellent recordkeeping and administrative services at low costs.
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