Your money, your associates, your reputation, your retirement plan, your business: they matter.
At The Cerrado Group, we know the impact our uncommon expertise can have on the retirement plan business. Record-keeping and the administration of retirement plans is complex, specialized work. And the effects of getting it wrong can be paralyzing in both the long and short term. Are you or others on your staff experts at navigating the regulatory filings, compliance requirements and legal aspects of a retirement plan? Can you or others on your staff interpret all the plan provisions?
You wouldn’t go to the dry cleaners to get a tooth pulled. And you wouldn’t go to a tax attorney for automotive advice.
We have the tools, the teams and the knowledge to serve our industry.
Choose an area of expertise below to find out more information.
401(k) administration is the process of maintaining a retirement plan and keeping it compliant with the Employee Retirement Income Security Act of 1974 (ERISA). All of the Cerrado group Members are experts in Retirement Plan Administration.
Plan Sponsors may choose to offer daily valued plans in which the plan participants may access account information 24 hours a day via the recordkeeper’s website. These plans are referred to as ‘daily valued’ because the share prices of the mutual funds in the plan are updated on a daily basis.
Operating a Retirement plan in compliance with ERISA and other regulations is a challenge for managing a Retirement Plan. Cerrado Group Members as experts in the retirement plan industry, assist plan sponsors and retirement plan professionals, by applying their experience to help guide them through the maze of duties and responsibilities imposed by ERISA and other bodies of regulation.
Choosing a Fiduciary for a retirement plan is an important task. Consideration needs to be made as to what and who will work best for the plans needs and the needs of the business. Being a Fiduciary for a retirement plan is more than filing IRS forms, it requires a strong knowledge of the operation of the plan, the government guidelines and the requirements that go along with it as well as the rules. Click the Learn More Button for more information.
The Cerrado Group recognizes the importance of data security. A successful TPA firm must have controls and practices in place to ensure that any data held on its systems is protected and as such, we hold our members to a high standard when it comes to security protocols. We have an entire practice management team devoted to best practices and have developed minimum standards that every member must meet. These standards include such things as business continuity plans, ongoing training, secure protocols with respect to working remotely, mobile device controls, proper data encryption policies, password protocols, and many more. Our approach ensures peace of mind for all parties we work with that their data is safe with us.
Cerrado Group Members represent coverage in 41 States.
