Plan Services

We offer a full service solution to your needs.  From the initial consultation to the retirement of the Plan, our services will work with you every step of the way.

v     Consult & Design:

Ø       The personal, complimentary approach to designing YOUR Plan starts with understanding YOUR situation and defining YOUR goals related to the performance of YOUR Plan.  We use “laymen” terms to describe the Plan options available and present “actual” numbers with our detailed illustrations. We welcome the opportunity to answer any & all questions your may pose and communicate with you via telephone, electronic or personally.

v Implementation:

Ø       Once the Plan options and provisions have been understood and agreed upon, we will produce the legal plan documents, notices and forms needed to properly establish YOUR tax qualified retirement plan.  These collections of documents are presented to you in an organized manual for suitable reference and utilization.

v       Administration:

Ø       At the end of each Plan year, we will collect and analyze payroll and plan related data in order to complete the mandatory Internal Revenue Service (IRS) and Department of Labor (DOL) testing and notice requirements. Our basic service package includes:

§          Average Deferral Percentage (ADP), Average Contribution Percentage (ACP), Top Heavy and Coverage Testing

§          Participant’s Annual Additions, 401(k) and Catch-up Limit Testing

§          Employer Tax Deduction Limit Advisement

§          Profit Sharing and Forfeiture Allocations

§          Signature-Ready IRS Form 5500 & Schedules

§          Safe Harbor Allocation and Notice

§          Annual Summary & Plan Sponsor Report

§          Actuarial Valuation & Schedule A (Defined Benefit)

v       Maintenance:

Ø       People change, businesses change and so do pension tax law.  Whether it’s voluntary or not, the structure of YOUR Plan will change through out the years. We keep you updated on new design and features related to YOUR Plan and properly account and document these changes.