Pentegra, one of America’s oldest independent fidicuary, will provide 3(16) services for the ISC MEP. As the 3(16) Administrator, Pentegra will oversee transaction processing, plan design changes, testing and Form 5500 preparation, audit and ensures execution of the 50+ chores usually accomplished at the plan sponsor level. For additional information on Pentegra, please visit their website at Pentegra.com.
Having Pentegra as our 3(16) Administrator Means…
Individual schools are no longer the plan administrator,. This role is outsourced to a professional 3(16) plan administrator - Pentegra
The school’s name comes off the plan document but the school retains plan design capabilities
School benefits include…
Eliminating Administrative and Compliance Worries for the Business Office
Reducing Business Office Workload
Minimizing School Risk