Administration of retirement programs including compliance testing, maintenance of plan documents, yearly filings with the IRS/DOL and other services required to ensure your plan continues to work for you.
- Secure Electronic Gathering of Employee/Employer Data
- Determination of Highly Compensated and Key Employees
- Annual Eligibility Determination
- Calculation of Employer Contribution
- Reconciliation of Annual Contribution for all money types
- Notification of Compliance with Bonding Requirements
- Annual Vesting Determination and Upload to Investment Platform
- Comprehensive Record-keeping & Trust Accounting
- Allocation of Earnings/Forfeitures
- Notification of Beneficiary/REA Requirements
- Year End Notes providing a comprehensive review of the plan
- Periodic Studies and Consulting
- Participant Certificates
- Plan Distribution and Loan paperwork and processing
Preparation of governmental required filings – PBGC, 5500, 1099-R, all schedules, and actuarial certifications.
- Preparation of Form 5500, applicable schedules and attachments
- Preparation of Form 8955-SSA
- Preparation of PBGC Form, if applicable
- Preparation of Summary Annual Report
- Preparation of 1099 Form, 1096 Form and Form 945, if applicable
- Notification of IRS, PBGC and DOL Reporting and Disclosures
- Assistance with annual CPA audits on Large Plans
- IRS Audit Preparation and Representation
- Voluntary Fiduciary Correction Program (VFCP) Filings, if applicable