Operational Excellence

Third Party Plan Administration

Third Party Plan Administration

We deliver detail-driven pension administration tailored to the unique needs of defined benefit plans for over 125 public pension plans nationwide. Our team-based service model ensures every calculation, communication, and compliance requirement is handled with precision – giving boards and sponsors confidence that their plan is being administered the right way.

Here is what we offer:

  • Proactive member service and communication
  • Expertise in retirement processing, plan provisions, and compliance
  • Dedicated service teams providing consistent, responsive support
  • Trusted advisor to boards, staff, and plan vendors
  • Secure online portal with tools for retirement estimates and projections, enhancing transparency and member engagement
Operational Assessments

Operational Assessments

A fresh perspective can help your organization build on what's working well while uncovering new opportunities for improvement. Foster & Foster's Operational Assessment provides an independent review of your operations, evaluating processes, technology, compliance, governance, and member service. The result is a practical roadmap that recognizes your strengths and provides actionable recommendations to help your organization operate more effectively. 

Our assessment may include: 

  • Operational workflows and efficiency  
  • Technology and process improvements  
  • Compliance and governance practices  
  • Member service and engagement 
  • Prioritized recommendations and implementation strategies