PASI
FIRM INFORMATION 231 Farmington Avenue, Farmington , CT 06032
Ron Fishman, (860) 284-6880, rfishman@pasiusa.com
pasiusa.comBUSINESS PROFILEYear established:
National or local TPA:
NationalAre you a producing TPA or a 'non-producing TPA'?
EitherDC recordkeeping platform:
No (use partner providers' platforms)NUMBER OF PERSONNEL SERVING RETIREMENT PLANSSenior management:
5Other managers/administrators:
18Actuaries:
1Sales staff:
3Support staff:
3RETIREMENT PLAN PROFILERetirement plan assets under administration:
1,800,000,000Total number of retirement plans under administration:
1,500Total number of retirement plan participants under administration:
85,000NUMBER OF PLANS BY TYPE401(k):
1,200403(b):
75457:
50Nonqualified Deferred Compensation:
25Other DC:
25Defined Benefit/Cash Balance/Hybrid:
120FEE STRUCTURESFixed fee:
Fixed fee dependent on services chosenPer participant fee:
Basis points on assets:
Other:
Fees offset by revenue sharing agreements?
Yes State(s) where offices are located:
Connecticut (CT)PLAN ASSET SIZES SERVED<$1 million:
Yes$1 million - $5 million:
Yes>$5 million - $10 million:
Yes>$10 million - $25 million:
No>$25 million - $50 million:
No>$50 million - $100 million:
No>$100 million - $200 million:
No>$200 million - $500 million:
No>$500 million - $1 billion:
No>$1 billion:
NoRECORDKEEPING RELATIONSHIPSNumber of recordkeepers with DC selling agreements:
8Number of recordkeepers with DC assets:
20Number of recordkeepers where new plans placed:
5FIDUCIARY SERVICESPlan level 3(16) services:
Plan level 3(38) services:
Participant level fiduciary services:
PRODUCTS/SERVICES OFFERED TO ADVISERS AND/OR PLANSCompliance support:
YesPlan benchmarking:
YesTarget-date evaluation tools:
NoInvestment committee meetings:
YesDesign/amend DC plan documents:
YesDesign/amend DB plan documents:
YesRecordkeeper transitions:
YesPrepare benefit statements:
YesProcess plan distributions:
YesPrepare loan paperwork:
YesNon-discrimination testing:
YesAllocation of contributions/forfeitures:
YesCalculate participant vesting %:
YesActuarial calculations & support:
YesForm 5500 preparation:
YesForm 5500 signing:
YesPlan audit support:
YesQDRO review:
YesSmall rollover IRA processing:
YesProvide fiduciary education:
YesAnnual 408(b)(2) assessment of fees:
NoInvestment selection services:
NoInvestment monitoring:
YesPRODUCTS/SERVICES OFFERED TO PLAN PARTICIPANTSEnrollment meetings (at time of hire):
YesRe-Enrollment meetings (after hire):
YesOne-on-one meetings with participants:
NoRollover assistance (into plan):
YesDistribution assistance (upon separation):
YesRetirement income planning:
NoFinancial/debt counseling:
NoEstate/tax planning:
NoAuthorize participant requests:
NoPrepare/deliver required participant notices:
Yes
