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Retirement Plan Services
We offer a full range of wholesale and specialized services, including:
Administrative Services
* Determine participant plan eligibility.
* Determine maximum allowable deduction.
* Perform IRC Section 410(b) and IRC Section 401(a)(26) participation and coverage testing.
* Perform ADP/ACP/multiple use nondiscrimination testing.
* Perform annual IRC Section 415 maximum benefit/contribution testing.
* Allocate employee and employer contributions.
* Allocate contributions by fund selection.
* Maintain records of each participant’s account on the last valuation date.
* Prepare applicable IRS Form 5500 series, including attachments.
* Reconcile trust assets and activity, including deposits, withdrawals and fund earnings(First hour included in administration fees, additional time billed hourly).
* Prepare Summary Annual Report as it applies.
* Prepare individual participant statements, If applicable
* Prepare participant distribution/election forms and notices.
* Prepare IRS Form 1099-R and Form 945.
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