Plan Sponsor Services

​Retirement Strategies, LLC works with each client to properly establish their qualified retirement plan as well as provide complete administration, consultation and compliance services.

PLAN DESIGN & INSTALLATION
Selecting, designing and implementing a qualified retirement plan can be a complex process.  Our professional staff will guide you through each step of the process and help you design the plan that meets your needs. This process includes:

• Free analysis of your retirement plan goals
• IRS Pre-Approved Plan and Trust Document
• Employee Summary Plan Description Booklets
• Certificate of Corporate Resolutions
• Employee “Notices” and Instructions
• Funding and Policy Method
• Retirement Plan Guide

PLAN COMPLIANCE & GOVERNMENTAL REPORTING
The reason you have hired us is to ensure your plan is compliant with the Employee Retirement Income Security Act (ERISA).  At Retirement Strategies, LLC, each Plan Sponsor has a dedicated plan consultant that provides complete plan administration, consultation and compliance services.  These services include:

• ADP/ACP Non-Discrimination Testing
• Top-Heavy Testing (IRC §416)
• Coverage Testing (IRC §410(b))
• Annual Additions Testing (IRC §415)
• Salary Deferral Testing (IRC §402(g))
• Corporate Deduction Limit (IRC §404)
• Form 5500 and related schedules
• Summary Annual Report

ONGOING PLAN ADMINISTRATION
Your dedicated plan consultant works hand-in-hand with you to ensure a smooth and efficient plan operation.  Additional services offered include:

• Newly Eligible Employee Material
• Periodic reminders to assist with employee eligibility and entry dates
• Employee Distribution and Loan Processing
• Assistance with Vesting Determination
• Assistance with Employee/Employer Contribution Requirements
• Plan Amendments
• Legislative Updates
• Reconciliation of Trust Assets and Employer Report
• Participant Statements (if applicable)
• Determine eligibility for and allocate employer contributions and forfeitures