Recordkeeper is the term traditionally used for the plan’s investment platform and often the custodian of the plan’s assets. Often times the term “vendor” may be used for this role as well.

What Does a Recordkeeper Do?

In addition to offering the investment options on a platform for which the participants can invest their own contributions in the stock market, the Recordkeeper really provides the overall experience of the retirement plan.

Some of the general roles of the Recordkeeper are:

  • Process employee enrollment
  • Manage and track employee investments
  • Log and track contribution types
  • Generate 401(k) documents to be delivered to employees
  • Offer robust websites so employees can manage their accounts
  • Provide access to account statements and information
  • Provide excellent customer support

Hiring A Retirement Planning Company

If you are a participant in a Retirement Plan 401k and have a question, please Get in Touch With Us: The Ryding Company, Westlake Village, CA.
The Ryding Company Westlake Office 2659 Townsgate Rd, Westlake Village, CA 91361 (866) 764-9222
The Ryding Company Hawaii Office Phillip Packard Regional Vice President of Sales – Hawaii (808) 585-1510
The Ryding Company Utah Office Ryan Pedroza President – Utah (801) 391-5785

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