Independent
Not affiliated with the service providers we oversee. This ensures that we avoid conflicts and act solely in the interests of plan participants and their beneficiaries.
Smart Retirement Solutions (SRS) fiduciary services
Looking for reduced administrative work and fiduciary risk mitigation? Interested in a Pooled Employer Plan (PEP)? Think and look Smart.
Workplace retirement plans are an essential part of helping employees prepare for retirement. The rules that apply to these plans can be complex and the associated responsibilities can be burdensome, time-consuming and create liability for an employer.
Typically, a sponsoring employer has ultimate fiduciary responsibility and liability for a wide array of tasks. Many do not fully understand their fiduciary duties or have the time, resources, or expertise to devote to plan management.
Fiduciary duties and associated tasks, combined with costs to administer a plan, can deter employers from offering one. Fortunately, employers have the ability to outsource many of these responsibilities to professional fiduciary service providers.
As an independent fiduciary, SRS works closely with employers, recordkeepers, third party administrators and investment services providers to reduce administrative burden and fiduciary risks for employers. These increased efficiencies and reduced liability can eliminate the barriers to offering workplace retirement plans.
Why select SRS as your fiduciary services provider?
Mission-driven
Focused on reducing the retirement plan coverage gap by removing the typical barriers that hinder businesses from sponsoring workplace retirement plans.
Flexible
Can serve as a Pooled Plan Provider (PPP) for PEPs or as a 402(a) Named Fiduciary for Multiple Employer Plans and single-employer plans. We offer customizable oversight structures.
Meticulous
Experts in retirement plan regulation, administration and operations focused on the complex and constantly changing rules and requirements applicable to plans of all sizes.
Want to know more?
Click here to get more information about our fiduciary services!
Smart Retirement Solutions, Inc. (SRS) is a wholly-owned subsidiary of Smart USA Co., and an indirect subsidiary of Smart Pension Limited (Smart). SRS provides independent fiduciary oversight services as a named fiduciary to single-employer plans and as a Pooled Plan Provider to Pooled Employer Plans as defined in the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. These services include, but are not limited to the selection and monitoring of recordkeeping, administrative and investment service providers.