Services

Design and Implementation: 

• Assistance and recommendations with plan design choices
• We obtain a Federal ID Number for the plan
• Plan Documents ready for signature
• Sample Board Resolution ready for execution
• Summary Plan Description (for distribution to participants)
• When needed, we prompt you to obtain an ERISA Fidelity Bond

Annual Administration/Valuation:

• 5500 IRS form filing (with schedules) ready for signature
• PBGC Filing (for Defined Benefit Pension Plans)
• Individual Benefit Statements with Summary Annual Reports
• Profit Sharing and/or Match Contribution allocation
• Plan asset reconciliation, including participant loans
• Forfeiture allocation
• Top-Heavy testing
• Cross-testing, where applicable
• 401(k) Annual Deferral Percentage testing (also ACP)
• Minimum Coverage testing
• 70 ½ minimum Required Distributions
• Prompts for new participant enrollment
• Prompts for terminated participant distributions
• Prompt for large plan audit when needed
• ERISA Fidelity Bond, prompt for increase when needed
• Incidental Insurance Test

Ancillary Services: 

• Benefit Distributions
• Loan Administration
• Assist with/proof asset transfer from one investment to another
• Qualified Domestic Relations Order distributions
• Plan Amendments and Restatements
• Audit assistance
• On-going plan design recommendations