EXPERTISE AND COMPLIANCE
Capital’s single-source solution ensures that the detailed work of plan compliance and administration is center-stage for your plan. For many plan providers, the administrative tasks are secondary to the role of investments and trading, and accordingly they often outsource the plan administration function. Why do we highlight the seemingly tedious task of administration? Expertise about federal regulations and how to make them work for you rather than against you, rests with the administrator. When the administrator is in the background, this wealth of knowledge often remains untapped.
At Capital, our plan administrators hold the highest designations in their field and are required to attend regular seminars to stay abreast of the ever-changing landscape of federal regulations. Our knowledge gives you power.
Our expert administrators work hard to ensure that, as important as it is, compliance isn’t a burden for a plan sponsor. At Capital, we design your plan, create your plan documents, and establish an operational guide all with an eye towards making compliance easy. On plan setup, we work with your company so that complying with Department of Labor deposit standards is easy for you. On an ongoing basis, we provide quarterly reports and regular plan reviews to ensure that you are always taking full advantage of what the law allows.
By integrating the record-keeping, trading, and third party administration together, our single-source solution ensures that you get a compliance department that has access to your records in real-time. This means that many problems, which would otherwise go undetected until a year-end review, are caught and corrected immediately, thereby minimizing costly and time-consuming corrections.
Don’t let your administrator be a background player. Bundled providers that outsource plan administration or traditional third party administrators that are not integrated with record-keeping cannot provide the plan sponsor with the real-time expertise needed in an ever-changing regulatory environment.