Each plan document is tailored to your specific plan. We do not believe in one size fits all. We will discuss what you want in your plan and help create or maintain with our recommendations as well.
Things change. When they do, we are there to discuss and implement what you are wanting to accomplish. Also, any time there are new IRS/DOL regulations that come out, we work with you to inform and make the necessary updates to your plan document to keep you compliant.
Every Six years the DOL requires you to restate your plan document onto their new approved document. We complete this for you and have you sign off to remain compliant with the new document.
Each year, we conduct the necessary testing to make sure your 401(k) plan meets IRS nondiscrimination rules. Our proactive approach helps prevent failed tests and provides solutions when issues arise—before they become costly.
We offer recommendations on options to improve testing and overall plan design if necessary. Our goal is not only complete all testing, but to make sure you understand the how and why of the testing.
Should any plan corrections be necessary, we will work to fix and complete the corrections for you.
Whether you’re setting up a new plan, moving from another provider, or winding down a plan, we make the process smooth and accurate. We handle data transition, notices, and compliance so you can focus on your business.
We feel we are a little unique in our TPA industry as we have a dedicated specialist on our team that strictly handles plan set-ups and plan conversions. This makes the process smooth and efficient by taking the heavy lifting off the employer’s plate and having a specialist that does this every day handle most the process.
In regard to plan conversions, we work will all major recordkeepers. We can assist with recommendations and pricing proposals that fit what each individual employer is looking for in a recordkeeper.
We calculate annual employer contributions based on your goals, plan design, and IRS limits. We help maximize owner and key employee benefits while staying within compliance.
This includes:
We prepare and electronically file Form 5500 on your behalf, ensuring your plan meets Department of Labor and IRS annual reporting requirements and files on time. We handle the technical details so you stay audit-ready and penalty-free.
We offer recommendations on options to improve testing and overall plan design if necessary. Our goal is not only complete all testing, but to make sure you understand the how and why of the testing.
Should any plan corrections be necessary, we will work to fix and complete the corrections for you.
Our team is here when you need us. From answering day-to-day questions to solving complex compliance scenarios, we support plan sponsors and participants with responsive, knowledgeable service.
We offer 3(16) services for those employers that want extra Fiduciary protection.
As a 3(16) plan administrator, we take on key operational responsibilities—like signing Form 5500, approving distributions and loans, and issuing participant notices. This reduces your workload and liability, giving you peace of mind that your plan is being managed in full compliance with ERISA.
Please inquire to discuss the 3(16) services further.
