Services and Plans
Plan Design and Document
A well-designed retirement plan helps employees build a financially secure future while giving employers a competitive edge in attracting and retaining top talent.
Whether launching a new plan or updating an existing one, company goals are carefully evaluated to identify the most effective plan design options. A well-structured plan can also:
Provide a tax deduction
Reduce tax liability through increased plan contributions
Support employee recruitment and retention
The plan document serves as the foundation of plan governance, guiding daily operations and ensuring consistent, compliant administration.
Our Services
Plan Consulting
Expert guidance ensures retirement plans operate efficiently and remain fully compliant. Services include operational reviews, analysis of related employer issues such as controlled groups and affiliated service groups, support with IRS and DOL correction programs, and retirement plan considerations during mergers and acquisitions.
Plan Administration
Maximize the value of your retirement plan with comprehensive administration that keeps your business compliant and your employees engaged. From IRS compliance testing to eligibility and vesting calculations, every detail is handled with precision to protect the plan and the bottom line.
Clear, accurate reporting and participant communications simplify plan management, while expert oversight of contributions, trust accounting, and tax filings ensure smooth, efficient operations.
Through our trusted partners and in-house expertise, we help administer and evaluate your defined benefit plan, ensuring compliance, clarifying complex calculations, and confirming your plan performs as intended.
Types of Plans
Our primary focus is on 401(k) Plans. These plans remain the most flexible retirement plan option for small businesses. They allow employees to defer a portion of their compensation while giving employers multiple options for employer contributions.Common plan design features include:
Safe Harbor
Safe Harbor plans include required employer contributions that allow the plan to automatically satisfy certain nondiscrimination tests, making them a common choice for business owners who want predictable compliance and higher contribution limits
Profit Sharing
Profit Sharing allows employers to make discretionary contributions in addition to employee deferrals. Contributions may vary from year to year. Profit sharing allocation methods we administer include:
Pro Rata Profit Sharing
Contributions are allocated as a uniform percentage of eligible compensation to all participants.
Integrated (Permitted Disparity) Profit Sharing
Contributions are weighted toward compensation above Social Security wage levels.New Comparability Profit Sharing
Contributions are allocated by employee group and tested for compliance, often allowing higher allocations for owners and key employees.
Match
Employers may choose to match employee deferrals using a fixed or discretionary matching formula.
In addition to 401(k) plans, other retirement plan options may be used in place of or in combination with a 401(k) plan:
403(b) Plans
403(b) plans are available to eligible nonprofit organizations, public schools, and certain tax-exempt employers. These plans allow employee salary deferrals with optional employer contributions.
Cash Balance Plans
Cash balance plans are defined benefit plans that allow higher annual contributions than defined contribution plans. Benefits are expressed as a hypothetical account balance and are funded entirely by the employer. These plans are commonly paired with a 401(k) and profit sharing plan to create an integrated retirement program.