How FSMA Works

GearAbstractFSMA provides resources to organizations that sponsor ERISA qualified employee benefit plans that help them evaluate their existing vendors or to hire new service providers through formal procedures that produce competitively solicited commitments.

The FSMA program offers:

  • Reliability and Know-how – Unlike organizations that face the superior knowledge and savvy of employee benefit plan vendors on their own, members of FSMA are a part of a community that is based on integrity and the help of procurement professionals.
  • Quality Brand Names –FSMA’s members interact with scores of the best brands in each service category.
  • Supervision by Experienced Peers – Our third party evaluations of service agreements, pricing structures, and deliverables are met with benchmarking and vendor value analyses that can help members obtain the best overall arrangements.

Learn more about our member benefits.

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