Founded to Support Your “Best Interests”

Acting in the best interests of your employees or plan participants ought to be an easy standard to meet — after all it’s the right thing to do. Yet, 15 years ago when we founded PCS, 401(k) and other defined contribution plans were often restricted to one or just a few investment providers, fees were unclear (and often were purposefully disguised) and most platforms contained incentives to reward brokers for product sales rather than participant success.

PCS launches open menu with no fund restrictions or pay to play

2001

Year

$51,646,809

Assets Under Administration

37

Plans Under Administration

4,181

Participants

In 2001, we launched our “no funds to push or hidden agenda” unlimited funds list, building it to a diverse menu of over 21,600 funds to choose from, spanning a list of over 160 fund families.

Our Conflict and Commission Free Platform Saves Money and a Penny Saved is Penny Earned.

2004

Year

$273,454,228

Assets Under Administration

134

Plans Under Administration

10,112

Participants

We go further than just eliminating conflicts and commissions. If a fund does pay revenue, we recapture it and offset it dollar-for-dollar against fees or rebate it to participant accounts.

*Based on research from the White House Council of Economic Advisers in February 2015 stating that investment advice benefits brokers’ firms rather than investors, causes investors to lose 1% on their returns annually – costing investors in the U.S. a total of $17 billion each year.

WE’RE PASSIONATE ABOUT HELPING YOU OPTIMIZE YOUR RETIREMENT PLAN – AND PARTNERING WITH FIDUCIARY ADVISORS WHO SHARE OUR COMMITMENT

2005

Year

$395,480,909

Assets Under Administration

197

Plans Under Administration

18,964

Participants

In partnership with The Advisor Lab, we built the only benchmarking report designed to assist independent advisors in transitioning commission laden plans to the fee-only fiduciary friendly model and regularly train select Advisors on best practices in fiduciary support, and of course how to assist Plan Sponsors and Participants in meeting their goals.

Committed to Supporting Investment Advisors Who Aren’t Afraid to Say “I recommend”

2006

Year

$541,771,325

Assets Under Administration

272

Plans Under Administration

28,709

Participants

We may not have been the first to support investment managers accepting delegation of fiduciary responsibility under ERISA Section 3(38), but if there was someone else they were pretty darn quiet about it. We provide a complete suite of tools to support investment advisors acting as fiduciaries, including:

  • Our Innovation Pioneered Low-Cost ETFs in 401(k)s
  • Global Model Management (Reallocation and Rebalancing)
  • Online Risk Tolerance Questionnaire Points to Asset Allocation Models
  • Creation of Model Fact Sheets
  • Model Performance & Benchmark Calculations
  • We Support Models as Designated Investment Alternatives (DIAs)

The Right Approach to Fee Disclosure

We didn’t need to be told or required to disclose fees. We’ve done it since our inception because it was the right thing to do.

2007

Year

$734,443,913

Assets Under Administration

349

Plans Under Administration

38,887

Participants

1

WE REPORT ALL FEES FROM YOUR PLAN

2

OUR PLAN FIDUCIARY ALL-IN-ONE FEE REPORT (ERISA 408(B)(2) COMPLIANT) PULLS ALL SERVICE PROVIDERS INTO ONE EASY TO UNDERSTAND REPORT THAT AUTOMATICALLY ADJUSTS DEPENDING ON ARRANGEMENT

3

WE MAIL OUR CONSOLIDATED ANNUAL PARTICIPANT DISCLOSURE (404(A)(5)) TO EACH PLAN PARTICIPANT TO ENSURE COMPLIANCE

Building an End-to-End solution for you and your plan participants

2011

Year

$1,506,797,753

Assets Under Administration

774

Plans Under Administration

78,801

Participants

Evergreen Enrollment Booklet

Our “Evergreen” Enrollment Guide is an extensive “how-to” reference for plan enrollment. It outlines the benefits of participating while offering detailed information on available investment options and ERISA-required participant notifications.

RetireOnTime

RetireOnTime™ is integrated with the recordkeeping platform and also allows employees to add information about retirement assets outside your plan, resulting in a complete assessment of a participant’s chances of reaching retirement goals.

Retirement Savings Snapshot

Our Retirement Savings Snapshot is an easy-to-read report that takes a participant’s current monthly contribution amount and projects potential retirement savings amounts based on incremental increases in monthly contributions.

PERSONALIZED FIDUCIARY SUPPORT IS NOW JUST A CLICK AWAY.

2013

Year

$2,471,722,291

Assets Under Administration

1,142

Plans Under Administration

139,468

Participants

We’ve revolutionized the industry by offering the complete suite of retirement tools that are “built in” – customizable and catered to the specific needs of the Plan. For instance, our on demand Annual Plan Review is a state-of-the-art report that helps Plan Sponsors meet their fiduciary responsibilities by offering a 360° view of a retirement plan and its performance, comparing it against similar plans and identifying opportunities for improvement.

When you have the right idea and put clients first, it tends to catch on.

2017

Year

$4,281,667,551

Assets Under Administration

2,164

Plans Under Administration

148,783

Participants

PCS Clients Nationwide

You and your participants deserve an advisor who sits on the same side of the table as you.

It’s the only company we keep and we are happy to introduce you…

Contact us today to learn more about how easy managing a retirement plan can be.