Is Hedgeable the Record Keeper or Third-Party Administrator on any Plan?
No, we are strictly the investment manager. Any contributions or withdrawals will be done through the Record Keeper/TPA on the plan. We never handle any of these responsibilites. All Plan Sponsors must interact directly with the Record Keeper for all administrative duties, none of these interactions can take place directly through the Hedgeable.com Online Platform, as we are not linked to any Record Keeper. We are able to show Plan Participants live analytics on their account because we have a link to their account at the custodian.
Related Questions
- If I am using EFAST2-approved third-party software to prepare a filing for a client, how do I provide the plan sponsor/administrator signature (PIN) in the submission?
- Who is the administrator on the plan if we use Hedgeable as the Investment Manager on our Company 401(k) Plan?
- Is an entity that is acting as a third-party administrator to a group health plan a covered entity?
