This week is ADMIN’s Client Appreciation Week! We wanted to dedicate a week to the clients who make it possible for ADMIN Partners to manage the retirement plan administration for over 700 plans. Something that sets ADMIN apart is that we have more than just one type of client. In fact, our list of clients falls into three different categories: Investment Firms, Financial Advisors, and Plan Sponsors/Participants. These groups all contribute to our business in different ways, so let’s explore exactly who are clients really are.
Today we are taking a look at one of our most essential clients: the plan sponsors and participants that make up the retirement plans we administer. The daily efforts that ADMIN puts into our services evolves around these individuals. We want to ensure that the sponsors and participants have a plan that benefits them and their needs, as well as one that is in compliance at all times.
Our responsibility to the plan sponsor and those participating in the retirement plan, is to ensure that they are educated as to the design of the plan and understand the plan options that are available to them. From withdrawal requests to contributions to year end services, ADMIN ensures that we have updated information to properly administer each plan we work with. Our plans know that our in-house staff is available at any time to assist them with requests or questions regarding their benefits. We also set each sponsor up for success by providing them education surrounding the compliance of their plan including Universal Availability and 5500 filings (when applicable).
ADMIN is both dedicated and passionate about the service we provide to each one of our clients. We appreciate the opportunity that each client presents to us and value the long-lasting relationships we build with them. We look forward to continuing these relationships and continuously servicing each client’s needs in the future.