Our Services
Because we are a full service consulting and
administration firm, partnering with us ensures that the
needs of you and your employees will be met. We offer a
full range of retirement plan services. Click below for
details of the services provided.
Plan Design and Implementation
Selecting, customizing and implementing a plan can be
a complex process. Our professional staff will guide you
through each step of the process including:
- Review the employer's controlled group and/or
affiliated service group situation.
- Design a plan tailored to meet the needs of the
owners, employees and the business itself.
- If we are taking over a plan already in
existence, we will review the existing plan
provisions and recommend changes to fully meet the
employer's goals and objectives.
- Prepare plan documents as required by the IRS.
- Prepare the Summary Plan Description that is
required to be distributed to plan participants.
- Prepare customized enrollment and administrative
materials.
Defined Contribution Plan
Recordkeeping and Administration
We perform the following services in order to provide
smooth and efficient plan operation:
- Calculate employee eligibility and plan entry.
- Maintain participant vested percentage records.
- Instruct your plan administrative contact on
processing payroll, allocating contributions and
loan payments according to the participant's
investment elections.
- Determine eligibility for allocation of employer
contributions and forfeitures.
- Allocate employer and employee contributions.
- Allocate plan earnings.
- Allocate forfeitures, if applicable.
- Distribution processing: Calculation of
distribution amount, preparation of required
distribution notices, release forms and IRS Form
1099-R.
- Loan processing: Set up of loan accounts,
preparation of promissory note and amortization
schedule and tracking loan repayments.
- Hardship withdrawal processing: Determination of
hardship distribution amount and preparation of
application forms.
- Reconcile trust accounts.
- Prepare customized participant statements.
- Monitor participants who are required to receive
age 70½ distributions.
- Recordkeeping is handled through affiliations
with industry leading retirement plan investment
platforms.
Defined Benefit Plan Actuarial
Services and Administration
Our professional staff has the expertise and
up-to-date technology to provide the necessary actuarial
and administrative assistance to manage your defined
benefit plan:
- Calculate employee eligibility and plan entry.
- Maintain participant vested percentage records.
- Determine eligibility to receive benefit
accrual.
- Prepare annual actuarial report and
certification.
- Actuarial determination of required employer
contributions.
- Preparation of individual benefit statements.
- Distribution processing: Calculation of
distribution amount, preparation of required
distribution notices, release forms and IRS Form
1099-R.
Annual Compliance Testing and
Government Reporting
Our professional staff has the knowledge and
expertise to help keep your retirement plan in
compliance with federal laws and regulations and, should
violations occur, provide you with methods of
correction. We provide the following services, if
applicable:
- Contribution deductibility calculations (§404).
- Annual additions testing (§415).
- Top heavy testing (§416).
- Coverage testing (§410(b)).
- ADP/ACP testing (applicable to Non-Safe Harbor
401(k) plans).
- Preparation of IRS Form 5500 and related
schedules.
- Preparation of Summary Annual Report for
participants.
- Preparation of appropriate PBGC form (for
defined benefit plans only).
Consulting Services
- Plan amendments, terminations and mergers.
- Assist with IRS and DOL audits.
- Provide assistance with plan design changes.
- Conduct special plan or participant benefit
studies or projections.
Customer Account Web Portal
Our user-friendly web portal allows customers and advisors to transmit data and review uploaded account information quickly and securely.
- Contact your consultant to request access.
- You will then receive an email with instructions on how to login.
- Upload PDF files to our secure server, and your consultant will receive an automatic email notification.
- You may upload multiple files at the same time.
- Your consultant can upload files for your retrieval, and you will receive an automatic email notification.
- Retrieve reports uploaded by your consultant, which may include your Annual Valuation, 5500 Filing, Loan or Termination Packages, etc.
- Our web portal is only for advisors and customers. Participants must contact the plan sponsor at their company when requesting information.
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