3(16) Services

Our Services //

As a plan sponsor, you carry legal responsibility for keeping your retirement plan compliant. With Hunnex & Shoemaker’s 3(16) Fiduciary Services, we take on many of those responsibilities for you — from signing Form 5500 to approving distributions. Our goal is to reduce your risk, ease your administrative burden, and give your employees the confidence that their plan is managed with care.

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– What’s Included

3(16) Fiduciary Services

  • Approve and process plan withdrawals (termination, hardship, QDRO, loans)

  • Identify and distribute Required Minimum Distributions (RMDs)

  • Interpret and apply plan document provisions

  • Maintain ERISA Bond and compliance documentation

  • Retain signed copies of plan and administrative documents (distributions, loans, 5500s, etc.)

  • Provide participant access to documents as required by ERISA

  • Review compliance testing results and process corrections when needed

  • Prepare annual plan audit documentation

  • Sign and file Form 5500 and Form 8955-SSA (optional)

  • Prepare and distribute participant notices

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Why 3(16) Services Matters

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Save Time

Provide Access

Stay Confident

Reduce Liability

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  • Employers/Plan Sponsors seeking to reduce fiduciary liability

  • Growing businesses that need to simplify retirement plan management

  • HR teams wanting to offload compliance-heavy responsibilities

  • Advisors who want to strengthen the support they bring to their clients

Support for Every Role

— Solutions by Audience

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Supporting You Beyond Plan Design

– Additional Services

Discover the full range of retirement plan services we provide to support your team at every stage—from compliance to participant support.

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    Custom Plan Design

    We create retirement plans tailored to your business goals and employee needs.

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    Plan Consulting

    We manage all aspects of plan setup, documents, and ongoing administration.

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  • Person working with financial documents, using a calculator and holding a pencil, on a white desk with a notebook and glasses.

    3(16) Services

    We oversee fiduciary duties, filings, and distributions to keep plans compliant.

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