in

Economic Group Pension Services (EGPS) Appoints ESOP Partners to Manage Client ESOP Plan Administration


“ESOP Partners is a good service supplier selection for shoppers needing this plan kind. We’re excited to accomplice with them, as their values and repair requirements align with ours,” said Dawn Genz, Chief Operating Officer for EGPS.

ESOP Partners is worked up to announce a brand new partnership with Economic Group Pension Services (EGPS), serving as their ESOP subject material skilled. In this association, ESOP Partners will present administration and consulting on all issues ESOP to EGPS shoppers. This strategy permits EGPS to give attention to its core areas of experience and supply its shoppers with a best-in-class service supplier for all their certified retirement plans.

“ESOP Partners is a good service supplier selection for shoppers needing this plan kind. We’re excited to accomplice with them, as their values and repair requirements align with ours, and so they present exemplary retirement plan consulting to their shoppers,” said Dawn Genz, Chief Operating Officer for EGPS.

ESOP Partners focuses solely on ESOPs and doesn’t compete within the 401(ok) administration market. This permits them to supply industry-leading ESOP experience and consulting companies, whereas additionally permitting their shoppers to implement an unbundled strategy and choose a premium service supplier for each their ESOP and 401(ok) plans. By implementing this mannequin, shoppers obtain larger service supplier accountability. This additionally permits ESOP firms to commonly consider and alter service suppliers, handle plan bills with payment transparency, and in any other case fulfill their plan sponsor and trustee fiduciary obligations.

Whether or not it’s two separate plans or a KSOP, ESOP Partners actively manages the mixed plan testing and administration points by taking the result in put together the mixed plan testing and collaborating with 401(ok) service suppliers to proactively deal with knowledge assortment and mixed plan mixed testing points. ESOP Partners leverages expertise to supply mixed plan reporting options to ESOP firms.

About ESOP Partners

ESOP Partners, an employee-owned ESOP firm, adjustments lives by creating wealth and sustainable employment via worker possession and works to simplify, maximize, and educate firms about worker inventory possession plans (ESOPs). Founder and President, Aaron Juckett says, “Our objective is to vary lives via worker possession. What higher method to obtain this than by establishing an ESOP and possession tradition at ESOP Partners to showcase to the ESOP group.”

ESOP Partners, an ESOP third-party administration (TPA) and consulting agency, establishes, maintains, and sustains worker inventory possession plans (ESOPs) all through the corporate’s lifecycle. ESOP Partners’ focus is to maximise the advantages of being an ESOP firm and supply workers with an possession stake within the firm that they work for.

Through a holistic view, the corporate supplies a life-changing expertise to each sellers and workers via a confirmed course of and observe file of delivering distinctive skilled companies to its shoppers. ESOP Partners serves as a one-stop for ESOP feasibility and structuring, institution and implementation, administration and compliance, ESOP communications and possession tradition improvement, repurchase obligation forecasting and ESOP sustainability planning, and company governance and fiduciary consulting.

About Economic Group Pension Services (EGPS):

Founded in 1971, Economic Group Pension Services (EGPS) is a nationwide impartial consulting agency that designs and administers cutting-edge retirement plans. With places of work in Alabama, California, Florida, Kansas, Louisiana, New Jersey, New York, Oregon, and Texas, the corporate serves over 5,500 profit plans for enterprise house owners and their workers throughout the nation. For extra details about EGPS, please go to https://egps.com.

Share article on social media or e mail:

Report

Comments

Express your views here

Disqus Shortname not set. Please check settings

Mustard Doughnuts Are Officially a Thing, Thanks To French’s and Dough Doughnuts

Power of want: Energy safety within the Western Balkans