Plan provider


Also found in: Medical.

Plan Provider

In IRAs and other retirement accounts, the investment company that manages the plan. That is, a brokerage that invests an IRA on behalf of its contributor is the plan provider for that account. A plan provider may be a brokerage, insurance company, mutual fund, or any other investment company.

Plan provider.

The plan provider of a retirement savings plan, such as a 401(k), 403(b), or 457 plan, is the mutual fund company, insurance company, brokerage firm, or other financial services company that creates, sells, and manages the plan your employer selects.

References in periodicals archive ?
The strategies regulators use to oversee health plan provider network quality continue to vary widely from state to state, according to a team led by Sabrina Corlette.
In fact, rollovers in general will add additional administration costs for plan providers. These additional expenses may be prohibitive for some small companies.
Ask your pension plan provider for a guide to what three-quarters of your fund will buy when you retire and check again closer to your retirement date.
Retirement plan providers are continuing to expand access to plan data through mobile devices, and some allow participants to complete transactions through them.
He was involved in the JC Flowers' sale of Ascensus, a retirement plan provider, when he left the firm abruptly.
Ronald McDonald House, at Alder Hey children's hospital, has received the cash from health cash plan provider HSA, soon to be Simplyhealth.
MEDICASH, the Liverpool-based health cash plan provider, is celebrating its 135th anniversary.
Employers should be ready to document that they demonstrated due diligence in selecting a new plan provider.
The plan provider also customized several features of the interactive voice-response system to accommodate the employee base.
(a) Supervise the retirement plan provider retained by the City through periodic evaluations.
Davis has more than 20 years of experience in the retirement plan services industry, most recently serving as the national sales manager for a major retirement plan provider.