Our Firm
Gary K. Allen, Jeffrey B. Coontz and W. Scott Simon are the principals and senior management of PIA. They have in aggregate more than fifty years of experience in the retirement plan industry. Their firm, a SEC registered investment advisor, specializes in showing sponsors of 401(k) and other retirement plans how a longstanding, yet little-known, legal mechanism in ERISA allows them to get rid of significant fiduciary responsibilities and liabilities for the selection, monitoring and replacement of plan investment options by transferring such responsibilities and liabilities to PIA. Any plan sponsor that makes this transfer will escape liability for PIA’s decisions and actions concerning these critical responsibilities.
PIA operates on a fee-only basis and accepts no compensation from any third party plan vendors, thereby assuring its complete independence from them. Its fully disclosed revenue comes only from its clients, which helps to avoid conflicts of interest.
PIA believes it important to establish and follow a prudent investment and management process that is legally sound, academically oriented and cost efficient. Disciplined adherence to this process can help reduce the risk and enhance the future wealth of any pool of money, invested long term, whether it is a 401(k) retirement plan, non-profit foundation or endowment, or private family trust.
PIA’s plan sponsor-friendly investment advisory agreement with each sponsor describes clearly the specific duties the firm is retained to perform and those it won’t perform. PIA’s representatives meet annually with each plan sponsor client to review the plan and ensure that the firm has carried out its designated duties prudently.