Fiduciary Consulting Group

What Fiduciary Consulting Group does

Fiduciary Consulting Group (FCG) is a US-based, private professional services firm founded in 2004 and headquartered in Murfreesboro, Tennessee. The company specializes in ERISA fiduciary outsourcing for retirement plan sponsors, positioning itself as an independent fiduciary partner with no proprietary products that could create conflicts of interest. Its core service is acting as ERISA 3(16) Plan Administrator and 402 Named Fiduciary, legally assuming responsibility for plan administration, operational and regulatory compliance, Form 5500 filings, service provider oversight, and participant communications. FCG also provides non-recurring compliance consulting engagements to assess plan compliance status and evaluate fiduciary risk.

FCG's service portfolio spans three plan structures: single employer plans, Multiple Employer Plans (MEPs) for PEOs and associations, and Pooled Employer Plans (PEPs) under SECURE Act provisions. The company serves two primary buyer types: plan sponsors (business owners and executives seeking to delegate fiduciary liability) and plan advisors (who refer clients for comprehensive 3(16) coverage). Pricing is quote-based and tailored to plan size and scope, delivered via multi-year managed-services contracts and professional-services engagements.

The firm employs 1-10 people and distributes through direct enterprise sales (consultation-led) and an advisor referral network. Its underlying technology consists of internally developed systems for procedural prudence and compliance management; no public AI/ML or API platform is offered. FCG has operated continuously for over 20 years, serving thousands of business owners, with a digital presence anchored by its website, LinkedIn, and Facebook channels.

Name

Fiduciary Consulting Group

Legal name

Fiduciary Consulting Group, Inc.

Website

https://ifiduciary.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

Fiduciary Consulting Group is an independent ERISA fiduciary services firm based in Murfreesboro, Tennessee, founded in 2004. It serves US retirement plan sponsors, plan advisors, and MEP/PEP operators by assuming 3(16) Plan Administrator and 402 Named Fiduciary responsibilities to eliminate sponsor liability.

Ownership category

akta.pro rank

Product category

Retirement Plan Fiduciary Services

NAICS

Trust, Fiduciary, and Custody Activities (523991), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)

akta.pro secondary industry

Employee Benefit & Retirement Plan Trust Services (FSAAANAC)

Keywords

• ERISA fiduciary services
• Retirement plan administration
• 3(16) plan administration
• Compliance consulting
• Fiduciary risk management

Headquarters

HQ city

Murfreesboro

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Fiduciary Management Services: FCG provides comprehensive fiduciary management services as ERISA 3(16) Plan Administrator and 402 Named Fiduciary. This involves ongoing plan administration, compliance oversight, and fiduciary risk assumption for retirement plans.
2. Compliance Consulting: Non-recurring consulting engagements to assess plan compliance status, discuss corrective actions, illuminate fiduciary responsibilities, and evaluate risk with recommendations.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Fiduciary Consulting Group provides independent ERISA fiduciary services for retirement plan sponsors under U.S. law. The company offers advisory Compliance Consulting engagements (assessing plan compliance, illuminating fiduciary responsibilities, and recommending corrective actions) and ongoing 3(16) Fiduciary Management Services in which FCG legally assumes the roles of ERISA 3(16) Plan Administrator and 402 Named Fiduciary, transferring management and liability away from the plan sponsor. Services are delivered across single employer plans, Multiple Employer Plans (MEPs), and Pooled Employer Plans (PEPs).

Product overview

Fiduciary Consulting Group offers a unified portfolio of ERISA fiduciary services for retirement plans. The core offerings consist of Fiduciary & Compliance Consulting (advisory-only engagement for plan assessment and risk evaluation) and comprehensive 3(16) Fiduciary Management Services (full outsourced plan administration where FCG legally assumes the role of 3(16) Plan Administrator and 402 Named Fiduciary). These services are extended across three plan types: Single Employer Plans, Multiple Employer Plans (MEPs) for PEOs and associations, and Pooled Employer Plans (PEPs) under SECURE Act provisions. The company operates as a standalone independent fiduciary with no proprietary products, enabling bias-free oversight of other plan service providers.

Differentiator

Problem solved

Functional benefit

Products and services

• Fiduciary & Compliance Consulting Non-biased fiduciary oversight consulting where FCG's expert team assesses the current compliance status of a retirement plan, discusses corrective actions to address issues, illuminates fiduciary responsibilities, and evaluates risk with recommendations. Targeted at plan sponsors needing an advisory-only engagement before deciding on full fiduciary outsourcing.
• 3(16) Fiduciary Management Services Comprehensive outsourced plan management in which FCG formally accepts the role of ERISA 3(16) Plan Administrator and 402 Named Fiduciary, assuming full responsibility for plan administration, operational and regulatory compliance, Form 5500 filings, service provider oversight, and participant communications. Targeted at U.S. retirement plan sponsors seeking to legally eliminate fiduciary liability.
• Single Employer Plan Fiduciary Services ERISA 3(16) Plan Administrator and 402 Named Fiduciary services specifically structured for individual company retirement plans, transferring management responsibilities to FCG upon engagement. Targeted at single-employer plan sponsors.
• Multiple Employer Plan (MEP) Fiduciary Services Independent fiduciary services for PEO and association retirement plans, in which FCG accepts the roles of 3(16) Plan Administrator and 402 Named Fiduciary to provide unbiased oversight of group plans across multiple employers. Targeted at MEP sponsors including PEOs and associations.
• Pooled Employer Plan (PEP) Fiduciary Services Fiduciary services for PEPs in which FCG is appointed by the Pooled Plan Provider (PPP) to serve as 3(16) Plan Administrator and 402 Named Fiduciary, providing fiduciary protection to the PPP and adopting employers under SECURE Act provisions.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• fi360 (Broadridge): Acquired by Broadridge, fi360 provides fiduciary training, benchmarking, and oversight tools to advisors and plan sponsors — an adjacent incumbent in the independent fiduciary ecosystem that competes for the same trust-driven RFPs.
• Empower Retirement: Major U.S. recordkeeper that has expanded into bundled 3(16) and full-service fiduciary solutions for plan sponsors, competing with independents like FCG on convenience and scale.
• CAPTRUST: Large retirement plan advisory firm serving plan sponsors across the U.S. with investment advisory and, increasingly, 3(16) and full-service fiduciary offerings that overlap FCG's market.
• NFP Retirement Plan Advisory: Retirement-focused consulting practice within NFP providing fiduciary, plan design, and governance services to plan sponsors, competing with FCG for advisory-referred mandates.
• OneDigital Retirement + Wealth: Large retirement plan advisory firm with a full-service fiduciary offering including 3(16) plan administration, directly competing with FCG for plan sponsor mandates.
• Lockton Retirement Services: National retirement consulting practice of Lockton providing plan advisory, fiduciary, and compliance services to large plan sponsors, competing with FCG on enterprise mandates.

Direct peers

• National Benefit Services (NBS): Third-party administrator offering retirement plan administration, including 3(16) services, to single-employer and multiple employer plans — direct overlap with FCG's MEP/PEP and 3(16) service lines.
• SageView Advisory: Retirement plan consulting firm that provides 3(16) plan administration and named fiduciary services. Directly competes with FCG for the same plan sponsor and advisor-referred mandates.
• Pentegra Retirement Services: Provider of retirement plan administration including 3(16) and named fiduciary services for single-employer and multi-employer plans, directly overlapping with FCG's core 3(16) offering.
• Cammack Retirement Group: Independent retirement plan consulting firm offering fiduciary services and plan design, with a similar target customer base of plan sponsors and advisors in need of 3(16) coverage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/ifiduciary
• LinkedInlinkedin.com/company/fiduciary-consulting-group-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fiduciary Consulting Group