About Us

Professional Capital Services, LLC (PCS) - PCS was founded in 2001 by the tax and ERISA attorneys at Dilworth Paxson, LLP (“Dilworth”), an 80 year-old Philadelphia-based law firm, to offer independent recordkeeping for corporate, professional and governmental defined contribution retirement plans. PCS offers defined contribution plans state-of-the-art technology and a completely open investment platform featuring no proprietary funds. PCS requires no revenue from investment providers (e.g., mutual funds) or “pay to play” for inclusion on the Plan’s investment menu. As a result, PCS is truly neutral and unbiased about which funds are selected by the Plan’s investment manager and/or investment committee (“Investment Fiduciary”). The PCS platform allows an Investment Fiduciary to single mindedly focus on selecting the best funds available for the Plan’s participants and beneficiaries. To the extent that the selected mutual funds or their affiliates distribute 12b-1 fees and other fees based on the amount of the Plan’s assets invested in the fund, PCS collects these fees, but 100% of any such fees it receives are used to offset dollar for dollar the fees PCS would otherwise charge for its Plan services. In 2012, for the 5th year in a row PCS was also ranked as one of the fastest-growing, privately-held businesses by the Inc. 5000. In 2011, as result of making the list as one of the 100 fastest-growing, privately-held businesses in the Philadelphia region for 5 consecutive years, PCS was inducted into the Philadelphia 100 Hall of Fame. Key Advantages of PCS • No Proprietary Funds - PCS does not offer proprietary funds. Therefore, PCS has no funds to push and no hidden agenda. • No “Pay to Play” - PCS requires no revenue from mutual funds for inclusion on a Plan’s investment menu. As a result, PCS is truly agnostic to which funds are selected by the Plan’s investment manager and/or investment committee. • Full Fee Disclosure – PCS fully discloses all of its fees to both plan sponsors and participants. To the extent that the selected mutual funds or their affiliates distribute 12b-1 fees and other fees based on the amount of the Plan’s assets invested, PCS collects these fees, but 100% of any such fees it receives are used to offset its fees or rebated to the Plan. • Complete Fiduciary Support Services - PCS provides complete fiduciary support services including the preparation and delivery of all required participant notices and communications including safe harbor notice, Qualified Default Investment Alternative (QDIA), Summary Annual Report (SAR), Summary Plan Description (SPD) and 404(a)(5) participant fee disclosure notifications. Additional services provided to assist employers in complying with the 404(a)(5) participant fee disclosure regulation include the availability of a glossary of terms on the AccountLink participant website, enhanced participant statements containing greater detail regarding fees and investment benchmarks for investment performance. Lastly, PCS prepares and delivers an Annual Plan Review Benchmarking Report on an annual basis. This report is a comprehensive fiduciary report designed to be presented at an annual investment or administrative committee meeting to ensure fiduciary responsibilities relating to the plan are being met. • Robust Education and Enrollment Support - PCS provides many value-evident education and enrollment services including access to a dynamic "evergreen" enrollment guide containing general educational information about participating in a retirement plan as well as detailed information on all investment options, access to PCS SmartPlan, an online interactive video-based retirement plan enrollment and education system, and access to Retire On Time, a dynamic retirement readiness tool designed to assist participants in determining whether they are saving enough for retirement.