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Meet Your Fiduciary Responsibilities

As a fiduciary to your 401(k) plan, you have numerous standards and obligations to meet. Managing this complex regulatory process is no easy task. We’re here to help.

Sage Rutty provides a range of services - including 3(21) or 3(38) co-fiduciary agreements - to ensure you limit audit and litigation risk, offer quality investments and maintain compliance. 

Co-Fiduciary Partnerships

As a plan sponsor and fiduciary on your 401(k) plan, you are personally liable for decisions made on plan design and investments offered as set forth by the Employee Retirement Income Security Act of 1974 (ERISA).

In many cases, plan sponsors are not investment professionals, and as a result, they frequently are forced to take on responsibilities outside of their realm of expertise.

A co-fiduciary offers a solution. Co-fiduciaries - including 3(21) and 3(38) co-fiduciaries - act as partners in this process, providing you, the plan sponsor, with guidance and expertise to ensure you meet fiduciary obligations.

Key benefits include:

  • Limiting fiduciary liability

  • Investment selection and monitoring

  • Improved investment performance

  • Cost reductions

  • Reporting and documentation

Sage Rutty serves as a 3(21) or 3(38) co-fiduciary for clients. If you’d like to learn more about our co-fiduciary agreements, reach out to our advising team.

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Custom 401(k) Plan Design

Businesses have unique needs when it comes to company-sponsored retirement plans. A one-size-fits-all plan just doesn’t work. Sage Rutty helps you build a plan that’s tailored to the needs of your business and employees. 

Our advisors help you leverage a variety of tools to develop a successful plan. Options include:

  • Matching

  • Profit Sharing 

  • Safe Harbor 

  • Loans 

  • Hardship Distributions

  • In-Service Withdrawals

  • Watch-List Provisions

  • Automatic Enrollment & Escalation

  • Pre-Tax, Roth and Non-Deductible Contributions

Get the most from your plan with a 401(k) retirement plan designed by Sage Rutty’s team of advisors.

Get a FREE copy of our blueprint for 401(k) Plan success.

A CEFEX Certified Advisor

We take fiduciary excellence seriously. But don’t just take our word for it! Sage Rutty is a Centre for Fiduciary Excellence (CEFEX) certified firm. One of only six in New York State. As a CEFEX firm, we must comply with rigorous CEFEX standards and regularly undergo fiduciary audits.

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Ready to Take the Next Step?

Get in touch with the Sage Rutty Team today. We’re here to answer questions, conduct a plan review, or help you with the RFP process.