RSM McGladrey Joins Organization Representing Independent 401(k) Plan Recordkeepers
June 8, 2007 - RSM McGladrey Retirement Resources is proud to announce their charter membership in a new organization called The Council of Independent 401(k) Recordkeepers (“CIKR” – pronounced “kicker”).
CIKR’s mission is to educate and advocate on issues of particular relevance to independent 401(k) plan recordkeepers.
Membership in CIKR consists of independent 401(k) plan recordkeepers (and those companies that provide support to independent recordkeepers) that provide their services either directly to plan sponsors or through other retirement plan service providers. Unlike other 401(k) plans service providers, CIKR members are not primarily in the business of selling investment products.
“CIKR will provide RSM McGladrey an opportunity to participate in increasingly relevant policy discussions with Congress and the government agencies concerning the disclosure of fees and other recordkeeping issues relating to 401(k) plans,” said Rosemarie Panico-Marino, Managing Director and National Practice Leader for Retirement Resources “CIKR is the first organization to solely represent our interests in the 401(k) plan industry.”
RSM McGladrey Retirement Resources is dedicated to helping companies on the move design, implement, and manage the right retirement plan. With more than 30 years experience, the Retirement Resources team provides a wide range of services for all types of retirement plans including specialized services for
qualified and nonqualified retirement plans. Whether it’s a 401k plan, defined benefit plan, ESOP, health plan or nonqualified executive compensation plan, our services can help businesses maximize employee benefit plans while staying focused on company goals and objectives.
CIKR is a sister organization of the American Society of Pension Professionals & Actuaries (ASPPA). ASPPA will be providing logistical and lobbying support to CIKR.
RSM McGladrey Retirement Resources provides recordkeeping, administration, consulting, and actuarial services for retirement plans. These services are delivered through RSM McGladrey, Inc. RSM McGladrey, Inc. is a member firm of RSM International - an affiliation of separate and independent legal entities.