What Are 3(16) Fiduciary Services?

Let's start by defining a Fiduciary. A fiduciary is an entity or person responsible for overseeing the administration of the retirement plan. Every retirement plan must have at least one named fiduciary, and many times that person is the business owner. However, typically employers do not have the experience, knowledge, or time to properly manage the administrative work in conjunction with their daily responsibilities as business owners. To avoid issues like burnout and costly penalties, owners can choose an outside organization to serve as the delegated 3(16) plan administrator.


Outsourcing 3(16) Fiduciary Services is an effective option to help business owners mitigate potential fiduciary liability. It also allows them to turn their attention back to the daily needs of their business and spend less time completing administrative tasks. RPCSI now offers 3(16) Fiduciary services. By choosing RPCSI to complete your 3(16) Fiduciary duties, you will receive comprehensive services that help to alleviate the administrative burden felt by many Retirement Plan Sponsors.

Let's examine a few benefits of outsourcing your 3(16) Fiduciary Duties to RPCSI.

  • It will alleviate some of the many responsibilities that burden Plan Sponsors

  • It will reduce the uncertainty of compliance when under an IRS or DOL audit. Having failures found is time-consuming and costly.

  • It will provide you with additional shared Fiduciary compliance with RPCSI to mitigate risk.

  • It will give you the freedom to focus your time and efforts on business growth, not your retirement plan.

Each business owner has a unique set of needs, so RPCSI offers three service packages to choose from at three different price points. Regardless of the level of service chosen, we guarantee that your retirement plan will be well-managed and serviced. If you are looking for customized 3(16) services to help you meet your business goals, contact us today. We would be happy to serve as your partner to provide the fiduciary support that you need.




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