How a 3(16) Trustee Offers Administrative Relief to Pension Plan Sponsors

Date: Thursday, June 9, 2022

Weather: 2:00 p.m. ET | 11:00 a.m. PT

Cost: Free

To win: CE CFP Credit – Pending*

Sponsored by:

As fiduciaries, pension plan sponsors are responsible for complying with IRS and DOL regulations, maintaining accurate employee data, adhering to notification deadlines, and carefully selecting service providers and investments.

Under the Employees Retirement Income Security Act (ERISA), the DOL recognizes that plan sponsors may need to hire professionals, such as pension compliance, administrative and investment experts, to act on behalf of the plan. If they do, the adjuster may also assume fiduciary responsibility. Of the various professionals who can support the plan sponsor, it is the 3(16) trustee who can deal with compliance and administrative burden.

Employers may not be aware that relief is available. This would be an opportunity to advise them on 3(16) Trust Services. Join this free webcast to learn more so you can be better prepared to help them. We will cover:

  • The different types of trustees; what they provide and what they don’t provide.
  • The driving forces of fiduciary services 3(16) in today’s business environment.
  • How you, the advisor, can assess how and when 3(16) fiduciary services are an appropriate option for a plan sponsor client.


Featured Speakers:

jim houpt | Divisional Vice President, Sales | Future plan

Jim Houpt leads our growing FuturePlan sales team in the Mid-Atlantic, Northeast and Upper Midwest regions, focusing on expanding markets and building advisor relationships. Houpt’s distinguished 38-year career in the retirement industry includes numerous leadership roles, most recently as senior vice president and co-founder of National Retirement Services (NRS). He built NRS into one of the largest independent TPAs ​​in the country, earning a reputation for actuarial and ERISA excellence as well as excellent customer service. Houpt is a frequent guest speaker for advisors and CPA groups on a wide range of pension topics.

Mary McCracken, QKA | Senior Customer Relationship Manager | Future plan

Mary McCracken began her career in the retirement industry over 13 years ago keeping records at a local TPA, Benefit Plans, Inc in Omaha, Nebraska. It was then that she also earned her QKA designation with the ASPPA. After developing her retirement planning knowledge base, Mary joined Mutual of Omaha where she was part of their New Business team before moving into a Relationship Manager role. Mary is now part of FuturePlan’s 3(16) Fiduciary Services Center of Excellence as a dedicated 3(16) Relationship Manager.

Al Holifield | Lawyer ERISA | Holifield & Janich, LLC

Al Holifield is the founder of Holifield & Janich, PLLC, focusing his practice in the areas of employee benefits law, employee benefits litigation, healthcare compliance, employment law, employment litigation and business law. He earned his Certified Benefits Specialist designation through the Wharton School of Business at the University of Pennsylvania. Holifield teaches employee benefits law at the University of Tennessee Law School as an adjunct professor and speaks nationally on employee benefits issues.

*Details and credit still pending.

FuturePlan by Ascensus provides plan design, administration and compliance services and is not a broker or investment adviser.

Copyright 2022, Ascensus, LLC. All rights reserved.

FuturePlan by Ascensus, 200 Dryden Road, Dresher, PA 19025

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