We Do All the Heavy Lifting
We let you focus on running your company. We strive to make your 401(k) easy and hassle free. Our plan is a seamless, fully integrated process. With your Dedicated Administrator, we take care of all your 401(k) needs.
Plan Setup Services
- Prepare Plan Document and Summary Plan Description
- Establish participant and trust accounts
- Approve plan investment menu
- Establish web access to participants and plan sponsor
- Provide website and payroll training
Plan Conversion Services
- Provide sample termination letter for the outgoing provider
- Transfer assets from outgoing provider
- Prepare participant notifications
- Reconcile assets from outgoing provider
Recordkeeping Services
- Reconcile the Trust Account to the recordkeeping system daily
- Update share prices and individual account balances daily
- Process trades, including contributions and fund transfers
- Prepare and distribute quarterly benefits statements
- Originate and maintain participant loans
- Provide ERISA 404(a)(b) participant fee disclosure forms
Administrative Services
- Maintain Plan Document for compliance with applicable law
- Complete Annual Nondiscrimination Testing
- Prepare signature-ready Form 5500
- Provide Summary Annual Report to distribute to participants
- Calculate year-end contribution allocations
- Prepare any necessary annual notices