ThePensionService

Defined Contribution Plan Services

Our experienced consultants can establish and administer Defined Contribution Plans ranging from 1 to 1,000 participants. These include 401(k) plans, 403(b) plans, profit sharing plans, money purchase plans, thrift plans, target benefit plans, age-weighted plans and cross-tested comparability plans. Our services span the life cycle from plan design and development to administration, reporting, disclosure, compliance monitoring, and ongoing consulting.

The Pension Service first evaluates all aspects of your business and determines the philosophy and goals of the business, the owners and the employees. Then we design a plan specifically to meet those objectives and provide your employees with the most cost-effective plan possible.

Core Services Include:

• Plan Design
• Prevailing Wage
• Daily account valuations
• Daily transaction processing
• Balance forward accounting
• Preparation of the interim and annual valuations
• Benefit statements
• Preparation of Distribution Paperwork
• Reconciliation of trust assets
• Calculation of Employer contributions
• Profit Sharing Allocations
• Loan Administration
• Employee rollover accounts
• Determination of participant eligibility
• Calculation of vested and forfeited benefits

Communication Services Include:

• Employee enrollment meetings
• Participant investment education
• Enrollment and investment video presentation
• Investment performance reports
• Quarterly newsletters

Technical and Compliance Services Include:

• ERISA, DOL and IRS compliance
• Non-discrimination testing
• Reporting and Disclosure reports, including the IRS 5500 form
• Analyze legislation affecting plan design and operation

Contact us today about the retirement solution that is right for you.