ERISA Plan Services
BRG Financial, LLC provides service to qualified retirement plans including 401(k) plans, 403(b) plans, pension and profit-sharing plans, cash balance plans, and deferred compensation plans as either a 3(21) or 3(38) advisor.
BRG may serve as a limited scope ERISA 3(21) fiduciary that can advise, help and assist plan sponsors with their investment decisions. As an investment advisor, BRG has a fiduciary duty to act in the best interest of the Client. The plan sponsor is still ultimately responsible for the decisions made in their plan, though using BRG can help the plan sponsor delegate liability by following a diligent process.
BRG can also act as an ERISA 3(38) Investment Manager in which it has discretionary management and control of a given retirement plan’s assets. In this instance, BRG would become solely responsible and liable for the selection, monitoring and replacement of the plan’s investment options.
If interested in learning more about BRG’s services, contact us today!