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Printers 401k®

By AICC Staff

January 28, 2021

width=238width=473One thing we have learned over the years is companies are focused on finding cost-efficiencies and ways to help reduce the amount of time employees are spending on administrative functions. We have found 401(k) administration is a chore for most employers. In most 401(k) programs, the administrative burden falls solely on the employer and they are working with service providers whose agendas do not always align with theirs.

As a Plan Sponsor working with Responsible Plan Fiduciaries, you can solve these . Acting in the best interests of your plan or plan participants should be an easy standard to meet — after all it’s the right thing to do.

The Printers401k® Program provides a complete solution to retirement plan management. Including accepting Fiduciary responsibility and taking your name off the 401k Plan documents. Therefore, shielding you from personal liability which as a Plan Sponsor you would normally be subject to. “If you sign your plan’s 5500 or are listed as the Plan Administrator you are the responsible party.”

We lighten your load by providing for easy administration and operation – your responsibilities are to upload payroll files, which can be integrated with payroll, and provide year end data. The Printers 401k® Plan Experts1 manage the rest.

In our experience companies who participate in the Printers 401k® program have achieved these successful outcomes:

  1. Peace of mind knowing the Printers 401k® Plan Experts take on additional tasks so their staff can focus on other responsibilities
  2. A reduction in total 401k plan costs
  3. Better investment options

Your time is valuable, that is why the Printers 401k® Retirement Plan Experts do the work for you.

Joe Trybula, CFP®, AIF® is the Vice President of Diversified Financial Advisors, LLC and a Registered Investment Adviser with more than 20 years of experience of providing professional management of corporate retirement programs.

width=115Joe Trybula

Vice President

joe@printers401k.com

800-307-0376

 

 

1Printers 401k® Plan Experts

402(a) Named Fiduciary: PISTL Service Corp (PSC) accepts the role of an ERISA 402(a) Named Fiduciary and assumes discretionary authority for nearly all the plan sponsor’s responsibilities.

ERISA 3(16) Plan Administrator: PCS accepts the role of the named “Plan Administrator” and principal fiduciary for administrative functions of the plan, relieving you and your staff of these plan administration duties and day-to-day operations.

ERISA 3(38) Investment Manager: Diversified Financial Advisors, LLC serves as the Investment Manager, taking full fiduciary responsibility and discretion for the selection and monitoring of the investments. They assist the Plan Sponsor through the entire process, from creating their specific plan provisions to enrollment for plan participants.

Discretionary Trustees: The Printing Industries 401k Trustees take the role as the Discretionary Plan Trustee and provide oversight on the plan service providers.

ERISA Attorney: Is retained to ensure the program is up-to-date and in regulatory compliance.