|
|
Our Services
We are a full service consulting and administration firm,
collaborating with us ensures the needs of your company will be met.
We offer a full range of retirement plan services. Click below for
details.
Plan Design and Implementation
Selecting, customizing and implementing a plan is a complex
process. Our professional staff will guide you through each step of
the process:
- Work with you and your accountant, attorney and advisors to
design the best plan for you and your business.
- Incorporate your goals for contribution amounts,
simplicity/complexity of design, and employee participation.
- Review any existing plan provisions and recommending changes
to meet your goals and objectives.
Defined Contribution Plan Recordkeeping and
Administration
We perform the following services in order to provide smooth and
efficient plan operation:
- Calculate employee eligibility for plan entry and benefits.
- Allocate employer and employee contributions.
- Allocate plan earnings.
- Reconcile trust accounts.
- Prepare customized participant statements.
- Monitor participants who are required to receive age 70½
distributions.
Defined Benefit Plan Recordkeeping 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 for plan entry and benefit
accruals.
- 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:
- Determine required and deductible contributions.
- Determine participants' individual minimum and maximum
allocations.
- Prepare required coverage and nondiscrimination testing to
ensure compliance with IRS regulations.
- ADP/ACP testing as necessary for 401(k) plans.
- Preparation of IRS Form 5500 and related schedules, certify
Schedule SB (defined benefit plans), electronically file Form
5500 on plan administrator's behalf.
- Preparation of IRS Form 1099-R and Form 945 for participant
distributions.
- Preparation of Summary Annual Report for participants.
- Preparation of appropriate PBGC filings (for defined benefit
plans only).
Consulting Services
- Terminations and mergers.
- Assist with IRS, DOL and PBGC audits.
- Provide assistance with plan design changes.
- Conduct special plan or participant benefit studies or
projections.
|
