401(k) administration is a chore for any employer because, in most 401(k) programs, the administrative burden falls on the employer alone.
With TAG, over 90% of the administrative burden is removed from the employer and handled by TAG.
PLAN SPONSOR RESPONSIBILITIES WITH TAG
Every Retirement Plan has to take governmental compliance seriously. TAG administered plans are consistently monitored for compliance, so IRS and DOL audits are a breeze.
TAG protects retirement plan sponsors against fiduciary liability to the highest degree allowed by law.
Employers receive services that most providers don’t offer because the services are being offered to many at once, TAG’s plan costs are generally the same or lower than those providers.
Due to our industry-leading 3(16) fiduciary liability protection, your risk of loss of personal wealth resulting from fiduciary liability action is greatly reduced.
Because we provide over 90% of plan administration duties, our Employers enjoy lower staff costs than employers who have other 401(k) plans.
If an employer follows the TAG program as directed, then the employer will always pass a regulatory audit.
TAG is the largest “end to end” 401(k) provider in the US. Our service providers are retirement industry leaders. Any information pertaining to our service providers is available upon request.