As the plan administrator of the IEC Members Savings 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.
As the investment manager for the Plan, BenSource monitors the Plan investment menu, recommends investment changes, and provides plan regulatory services. They are also available for participant investment guidance for employees of adopting employers.
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.
