Contact Us

Houston Office
10777 Northwest Freeway
Suite 440
Houston, Texas 77092
Phone: (713) 881-9315
See location using Google Maps

Is a TPA a 3(16) administrator?

A third party administrator (‘TPA’) may be retained by the plan or the plan administrator, but a TPA is typically neither the 3(16) administrator nor a fiduciary. Some TPAs will accept appointment as a 3(16) fiduciary, but a plan sponsor should assume that a TPA is not intending to act as a 3(16) administrator unless […]

What is a 3(16) fiduciary?

An ERISA Section 3(16) fiduciary acts as THE plan administrator. The 3(16) administrator is responsible for managing the day to day operation of the plan. The duties of the plan administrator are set by ERISA and the terms of the plan document. Some of the responsibilities that may be assigned to the 3(16) administrator by the plan […]

Contact Us

3(16) Fiduciary

Is a TPA a 3(16) administrator?

What is a 3(16) fiduciary?