|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
Annual
Administration |
|
|
|
|
|
|
|
|
|
|
|
|
|
The
most integral and important aspect of our services involves
the annual administration of the plan. Annual testing and
reporting are required by law on plans of all types and
services. The laws and regulations surrounding annual testing
and reporting are intricate and constantly changing. Small
mistakes can result in costly fees from the IRS. Therefore,
it is important to ensure the responsibility of annual administration
falls to someone with knowledge and expertise in retirement
plan regulations. |
|
|
|
|
|
|
|
|
|
|
|
|
|
Our
plan consultants average 20 years of experience in retirement
plan consulting services. Each client is assigned a pension
consultant and assistant to perform annual administration
on the plan as well as provide ongoing assistance on everyday
questions throughout the year. We will also monitor regulatory
and legislative changes that occur and ensure our clients
are aware if and how these changes will impact them. With
our help, we hope to help you and your employees get the
most of your retirement plan with as little stress as possible.
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
Our
Annual and Ongoing Administration Services Include: |
| |
|
|
|
|
|
|
|
|
|
|
|
|
For Defined Contribution Plans |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assigned Pension Consultant and Assistant |
|
|
|
|
|
|
|
|
|
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year
End Data Collection of Employee Census and Contribution
via Secure Online System |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Summary
Annual Report |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Annual
Matching or Profit Sharing Calculations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Annual
Update of Employee Records with Vesting Report to Plan Sponsor
and
Record keeper |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Discrimination
ADP/ACP Testing |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Top
Heavy Testing and Identification of HCEs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
415
Limitation Testing |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preparation
of Form 5500 and all Required Schedules |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loan
and Distribution Processing |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1099R
Reporting (if applicable) |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
For
Defined Benefit Plans |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Actuarial Valuation Reports |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Calculation
of Contribution and Deductibility |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preparation
of Summary Annual Report |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Determination of Accrued Benefits and Present Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Section
415 Maximum Benefit Limit |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Section
410(b) Minimum Coverage |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Top Heavy Testing and Identification of HCEs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
If
you wish to see a sample valuation report for a standard
401(k) Profit Sharing Plan please |
click
here |
|
|
|
|
|
|
|
|
|
|
|
|
|
If
you wish to learn more about the annual Form 5500 report
please |
click
here |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
If
you wish to see a list of important dates and deadline please
|
click
here |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| If
you wish to see a dollar limits table updated for 2009 please |
click
here |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
