• 401(k) Plans
• Safe Harbor Plans
• Profit Sharing Plans
• New Comparability Plans
• Defined Benefit Plans
• Money Purchase Plans
• DB/DC Combo Plans
• Employee Stock Ownership Plans

• 403(b) and 457 Plans
• Target Benefit Plans
• Group Health Benefits
• Section 125 Flexible Benefit Plans
• IRA's, Roth IRA's
• Plan Type Comparison
• And more...
  
  When is a plan "qualified" or "non-qualified?"

Selecting, customizing and implementing a plan can be a complex process. Our professional staff will guide you through each step of the process including:

• Review the employer's controlled group and/or affiliated service group situation.
• Design a plan tailored to 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.
• Prepare plan documents as required by the IRS.
• Prepare the request for an IRS determination letter, if applicable.
• Prepare the Summary Plan Description required to be distributed to plan participants.
• Prepare customized enrollment and administrative materials.
• Conduct employee meetings to communicate the provisions of the plan.

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

• Calculate employee eligibility and plan entry.
• Maintain participant vested percentage records.
• Process each payroll, allocating contributions and loan payments according to the participant's investment elections.
• Process fund transfers in accordance with participant elections.
• Determine eligibility for allocation of employer contributions and forfeitures.
• Allocate employer and employee contributions.
• Allocate plan earnings.
• 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.

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

• Calculate employee eligibility and plan entry.
• Maintain participant vested percentage records.
• Determine eligibility to receive benefit accrual.
• Prepare annual actuarial report and certification.
• Actuarial determination of 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.

• Contribution deductibility calculations (§404).
• Annual additions testing (§415).
• Top heavy testing (§416).
• General testing (§401(a)(4)) (for new comparability plans and DB/DC combo plans)
• 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).

• 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.