SAS 70, Type II Certified Provider of Defined Benefit Plans
For 50 years, CHAMPS clients have entrusted their defined benefit plan administration to CHAMPS Pension specialists. And as a SAS 70, Type II certified service provider, CHAMPS gives clients peace of mind, knowing their employees’ information is safe and secure.
In today’s global economy, service providers must demonstrate that they have adequate controls and safeguards when they host or process data belonging to their clients. A Statement on Auditing Standards (SAS) 70 audit is a widely recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA).
This voluntary, independent audit signifies that CHAMPS has been through an in-depth audit of all of its operations, controls, policies and procedures related to CHAMPS pension administration.
What’s more, as the SAS 70, Type II certified Third Party Administrator (TPA) of your defined benefit plan, CHAMPS Pension will demonstrate an unwavering commitment to ensuring the highest level of accountability to business controls and processes. Rest assured, CHAMPS Pension understands the sensitivity of the data we are working with and has put in place the appropriate security and safeguards to protect your data.