T3Direct Marketing usually charges advisers $695 for its appointment-setting services. But the agreement with American Pension Services will reduce that price by $200 for advisers who introduce the Platinum 401(k) multiple-employer plan solution to potential small to mid-sized defined contribution clients. It also allows the adviser to be 100% reimbursed for the cost of those appointments that become Platinum 401k clients.
Prospecting efforts should focus on plans from $1,000,000 to $10,000,000 in assets that are seeking to eliminate their annual plan audit expenses, outsource plan sponsor and trustee-level fiduciary liability, and benefit from the independent investment oversight of an ERISA 3(38) Investment Manager, according to a press release. More information about the program can be found at www.ThePlatinum401k.com.