This  certification is an independent recognition of a Recordkeeper or  Administrator’s conformity to all Practices and criteria within the ASPPA  Standard of Practice. It implies that the firm can demonstrate  adherence to the industry's best practices, and is positioned to serve  fiduciaries such as Investment Advisors, Investment Managers and  Investment Stewards (e.g.Plan Sponsors). The program defines the  following classifications of firms:

Recordkeeping Services

Bookkeeping for retirement plans’ trading transactions and individuals’ accounts (the major activity in recordkeeping).

Administration Services

Administrative  functions including compliance testing against relevant pension and tax  laws and filing of government reports such as Form 5500.  Read more.