The Retirement Plan Company, LLC offers a true “open architecture” daily valuation recordkeeping platform, which allows retirement plan advisors and plan sponsors to select from a universe of investments that is virtually unlimited. While substantially every mutual fund and exchange traded fund (ETF) is available for trading, TRPC also supports stable value funds, self-directed brokerage accounts, unitized employer stock, and unitized portfolios (managed by the plan’s investment advisor or a third-party money manager). All investments maintained on TRPC’s recordkeeping platform are valued on a daily basis to guarantee reporting accuracy and consistency.
TRPC does not direct retirement plans to a list of preferred investments, and does not demand payment from fund companies. With an objective approach to investment selection and recordkeeping, we provide investment advisors with the support needed to craft and manage an investment strategy best suited to the unique needs of the employer and its employees. For example, while TRPC will support a diverse menu of independent investment options, investment advisors are also able to develop model portfolios consisting of those investment options, and manage the model portfolios directly through TRPC’s investment advisor web interface.
TRPC maintains relationships with four Trade Agents/Custodians: Charles Schwab Bank, MG Trust Company, LLC (“Matrix”), Mid Atlantic Trust Company, and TD Ameritrade Trust Company. TRPC’s electronic interface is fully-integrated with that of each Trade Agent/Custodian to ensure the seamless transmission of data. Investment advisors and plan sponsors are able to select from among these four Custodians, each of which offers the following services:
- Custody of Plan Assets
- Trade Execution
- Tax Reporting on Distributions
- Certified Trust Reports and Statements
- Directed Trustee Services