For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Products June 21, 2010
Alabama-Based RK Opening Florida Branch
June 21, 2010 (PLANSPONSOR.com) - Employee Fiduciary Corporation, a 401(k) recordkeeper and third-party administrator, announced it is opening a branch office in St. Petersburg, Florida, this month.
Reported by
Rebecca Moore
The Mobile, Alabama-based company provides daily recordkeeping and retirement plan administration services to businesses and non-profit organizations nationwide. Greg Carpenter, CEO of Employee Fiduciary, said in the announcement the firm can save participants money by charging flat fees and by recapturing mutual fund revenue-sharing payments to the plan.
“Opening a new office allows us greater flexibility for future growth. Employees are attracted to a company that presents the opportunities for growth and advancement,” said Carpenter. “Our new St. Petersburg office allows us to expand our servicing presence and helps us meet our hiring goals.”
More information about the company is at http://www.employeefiduciary.com.
You Might Also Like:
Ascensus Gains Capital From Stone Point, Genstar
The recordkeeper will keep its current leaders and its client delivery model.
Recordkeepers Prepare for Heightened Retirement Income Demand
Simplicity in the product, its integration into recordkeeper platforms and the participant experience can determine which become leading solutions, according...
Opinions |
The Infrastructure Question Behind Investing in Private Assets in Retirement Plans
Why they matter and what the retirement system actually needs to support their inclusion.
