Establishing a qualified retirement plan requires ongoing involvement from the plan sponsor. While you may contract with service providers to perform many necessary duties, plan fiduciary responsibilites are to ensure that all required functions are carried out in order to remain in compliance with applicable laws.
Responsibilities include, but are not limited to:
Your plan’s Third Party Administrator (TPA) will generally provide these services and/or work with you to provide the information you need to carry-out these responsibilities.
Symetra Financial also assists you in meeting your annual reporting requirements by providing plan financial information directly to you and your TPA, such as:
