As the plan administrator of the Concurrent HRO 401(k) Plan, they take on the primary fiduciary responsibility for the plan. They select and monitor all of the other plan providers, making sure that they are providing awesome services at a great price. Since they are your PEO, they will also calculate all deferral and employer contributions and remit all contributions to the custodian.
As the investment manager for the Plan, RBF Capital Management Inc. monitors the Plan investment menu, recommends investment changes, provides plan regulatory services, and provides individual investment consultations for employees. www.rbfcapitalmanagement.com
As the third party administrator and recordkeeper for the Plan, BlueStar performs all compliance testing, prepares government filing reports, provides participant education, and customer service support.
Charles Schwab Trust Bank custodies your plan assets and processes all trading instructions. Using an open-architecture custodian allows us access to an array of investment vehicles, including low-cost options, to help participants achieve their retirement goals.
