Duff Lindsay
President and Chief Business Development Officer at COMPLIANCE 401k - The Woodlands, TX, us
Duff Lindsay's Colleagues at COMPLIANCE 401k
Duff Lindsay's Contact Details
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Greater Houston
COMPLIANCE 401k
Duff Lindsay's Company Details
Compliance 401K is one of the largest 3(16) independent retirement plan fiduciaries in the United States. Compliance 401K has teamed with Ameritas and other well-known retirement industry providers to offer the Compliance 401k Multiple Employer Program.The Compliance 401K Multiple Employer Program (MEP) is an aggregated 401(k) Plan for businesses that allows multiple business owners to offer a retirement plan to employees while reducing the administrative burden, mitigating and transferring fiduciary risks and potentially reducing costs. The Compliance 401K MEP is based on sound structural elements of the fiduciary responsibilities specified in the Employee Retirement Income Security Act (ERISA), Internal Revenue Service (IRS) and Department of Labor (DOL) regulations.The Compliance 401K MEP is built around the 5 issues employers want resolved in a retirement plan:1. Easier to Administer 401(k) Plans2. Compliant 401(k) Plans3. Pay Reasonable Costs4. Experienced Providers5. Protection from Fiduciary LiabilityThe bottom line is that, for every plan, the Compliance 401K MEP functions as the employer's 401(k) Plan Sponsor, so the employer doesn't have to act as a retirement plan expert. Compliance 401K acts as the buffer between the participating employers, the DOL and IRS, while working to keep each plan in compliance with all applicable laws. Our trusted team makes the decisions and takes responsibility for those decisions with respect to the services they provide, taking away one more thing that might keep employers awake at night.Compliance 401K takes on the highest level of fiduciary liability by serving as an ERISA 402(a) named fiduciary on each plan in the Compliance 401K MEP. Compliance 401K has selected Mesirow Financial as the ERISA 3(38) investment manager, Ameritas as the Record Keeper, Malcom Thompson and Associates as the Third Party Administrator and Stadion as the participant level ERISA 3(38) fiduciary.