RETIREMENT PLANS
Are you maximizing your potential?
Saving for retirement has never been more important and the legal requirements for employers who offer retirement plans have never been greater. As a result of Federal legislation, employers can face significant fines if they are found to be non-compliant with these new regulations.
Historically, the greatest emphasis with regards to retirement plans has been on the investment returns. While everyone wants to maximize their returns, losing sight of your administrative responsibilities can be detrimental to those very returns. Let our experts guide you through plan design, investment selection & analysis, implementation & employee education and ongoing plan administration.
AS PLAN ADMINISTRATOR, CAN YOU ANSWER THESE QUESTIONS?
- Is the plan adequately covered by an ERISA fidelity bond?
- Do you have fiduciary liability insurance or an indemnity clause for plan fiduciaries?
- Do you have an investment policy statement? If so, is it current?
- Did you pass the ADP/ACP plan testing last year?
- Were you required to return contributions to your HCEs?
- If your plan has over 100 employees, has it been audited by an independent third party?
- Has a benchmarking analysis been performed to ensure that plan fees are reasonable for the services provided?
Our team of experts can assist you in completing the required due diligence, benchmarking, evaluating your current providers and even alleviate a degree of your own fiduciary liability.
RETIREMENT PLAN CONSULTING
- DOL Compliance
- ADP/ACP Testing
- Non-descrimination testing
- 5500 Filing
- Fee analysis
- Plan Benchmarking
- Investment Due Diligence
- TPA Services
PLAN ADMINISTRATION & COMPLIANCE