TRCO 3(16) Fiduciary Services

Services Provided
- Interpret Plan Document
- Review Fidelity Bond
- Administer loan policy
- Approve corrective refunds
- Approve hardship withdrawals
- Approve in-service withdrawals
- Approve loans
- Approve QDRO
- Approve RMD’s
- Approve separation of service distributions
- Monitor loan defaults
- Review and upload vesting to plan provider
- Notify Plan Administrator of Irregularities
- Sign and file Form 5500
- Sign and file Form 8955-SSA
A Plan Sponsor has the ability to outsource these responsibilities to an independent third party, SAVING THEM TIME and REDUCING THEIR FIDUCIARY LIABILITY.