Flexible Solutions. Expert Oversight.
As an employer and plan sponsor of your company’s 401(k) plan, you want the very best for your employees. You also want to stay in compliance with all IRS and Department of Labor regulations—including the ones that are continually changing!
That’s where DRS comes in. As a third party administrator (TPA), we guarantee that your 401(k) is accurately administered, clearly reported and managed in compliance with all applicable laws and regulations.
To help your employees maximize their 401(k) plan, we provide them with easy-to-use, 24-hour account access and educational tools to help them succeed in saving for retirement. Our clients report that having DRS as a third party administrator has helped them focus on their core business while enhancing employee loyalty and job satisfaction.To learn more, give us a call or complete the Request for Proposal form and find out how much your company can benefit from DRS’ services.
Plan Sponsor Highlights
- Accurate, worry-free 401(k) administration
- Service and resources that foster employee satisfaction and retention
- An investment in your employees’ and your company’s long-term success
ERISA Accounts are available in all of DRS' recordkeeping programs!
DRS can arrange to have the Plan's custodian recapture 12b-1 commissions that would normally be paid to a broker/dealer and credit them to an ERISA account in the Plan. The Plan Sponsor can authorize the ERISA Account credits to be used to pay a fee-based advisor, pay plan expenses (adminitration, recordkeeping, auditor, etc.) or rebate them back to plan participants.
To learn more about ERISA Accounts, please call (877) 910-3775 and ask to speak with a DRS Sales Representative.