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

Creating and implementing the right plan can be a complex process. Our qualified team will guide you through each step of the process including:

  • Review the employer's controlled group and/or affiliated service group situation.
  • Design a smart 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 moving forward.
  • Prepare plan documents as required by the IRS rules and regulations.
  • Prepare the request for an IRS determination letter, if applicable.
  • Prepare the Summary Plan Description that is required to be distributed to plan participants.
  • Review enrollment and administrative materials with inhouse contact.
  • Conduct employee meetings to communicate the benefits of the plan.

Defined Contribution Plan Recordkeeping and Administration

We perform the following services to provide smooth and efficient plan operation:

  • Calculate employee eligibility, plan entry, and maintain participant vested percentage records.
  • Process fund transfers in accordance with participant elections.
  • Determine eligibility for allocation of employer and employee contributions and 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.

Defined Benefit Plan Services and Administration

Our professional staff has the expertise and up-to-date technology to provide the necessary administrative assistance to manage your defined benefit plan:

  • Calculate employee eligibility, plan entry, and maintain participant vested percentage records.
  • Determine eligibility to receive benefit accrual.
  • Works in conjunction with a Certified Actuary to prepare annual reports and certifications.
  • Calculate 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.
  • Traditional Plans

Annual Compliance Testing and Government Reporting

Our staff has the knowledge and expertise to help keep your retirement plan in compliance with federal laws and regulations and provide you with methods of correction, if needed. 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 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.