Employer-Sponsored
Retirement Plans
Guidance and Protection
We have a group within our organization that specializes in retirement plan fiduciary services for employers throughout the U.S.
A Turn-key Solution with Fiduciary Oversight!
Fiduciary oversight - Greatly reduced liability due to the shared fiduciary roles of the team
A Plan design aligned with the company culture and objectives
Advisor access custom designed to the plan sponsor
Diverse investments with no hidden fees
A team of seasoned financial professionals with fiduciary accreditations
Employer & participant savings
What Is Fiduciary Responsibility?
These responsibilities include:
The duty to act prudently is one of a fiduciary’s central responsibilities under ERISA.
It requires expertise in a variety of areas, such as investments.
With these fiduciary responsibilities, there is also potential liability. One way fiduciaries can demonstrate that they have carried out their responsibilities properly is by documenting the processes used to carry out their fiduciary responsibilities.
What Is Fiduciary Responsibility?
ERISA 3(38) / ERISA 3(21)
Bell Rock Capital, LLC is appointed by the plan sponsor or trustee, accepts discretion over plan assets and assumes the fiduciary functions concerning decisions related to the plan assets. We make sure each Plan is operating with an Investment Policy Statement (IPS). As a 3(38) plan fiduciary, we have the responsibility and authority to select the investment options for the plan and decide if and when to make changes to the plan investments. As a 3(21), we would present the investments to the plan sponsor investment committee for them to vote and approve.