What We Do - RetirementPlans.com

Expert Third Party Retirement Plan Administration and Consulting

We are a third party administrator of company sponsored retirement plans. We provide plan document services for new and existing plans. We work with your investment provider(s) and advisor(s) to increase plan participation and reconcile plan assets We prepare annual required government forms, and any ad hoc government filings. If your plan size requires an independent audit, we will work with your auditor to minimize your administrative burden.

We consult with our clients to help them determine the retirement plan design best suited for their individual and business needs. Rather than using a standardized approach, we offer flexible retirement plan documents which work for your employee population.

Our consultants are available year round to answer any questions regarding your plan’s government filings, nondiscrimination testing, fiduciary responsibilities, and compliance issues. We stay on top of the latest legislative requirements affecting your retirement plan so you don’t have to. We understand you have a business to run, and our goal is to minimize the administrative duties on your plate so you can focus on what you do best.

Specialization and Services

Our staff of highly qualified professionals provides consulting and compliance services for defined contribution plans, such as new comparability profit sharing plans, 401(k) plans (SIMPLE and traditional), 457 plans, and 403(B) Plans.

We also consult on money purchase pension plans, target benefit plans, traditional defined benefit plans and cash balance plans. Whether you are starting a new retirement plan, transferring administration of an existing plan, or looking for an unbiased consultation on your existing plan design, we are here to help.

HOW A PLAN WORKS

The below image helps explain the the parties involved in plan inception and management and the interaction between entities.

Starting a new retirement plan for your employees.

Retirementplans.com will walk you through each step of the new plan installation process. We will supply a plan document and assist in providing employee communications and with any plan related IRS correspondence. We will collaborate with your existing financial advisor, or recommend one at your request. We partner with dozens of investment vendors who specialize in the recordkeeping and ancillary services to facilitate participant-directed accounts and daily valuation services.

Independent consulting on your existing plan’s design.

We are happy to provide an unbiased second opinion on your plan’s design and compliance status. As companies evolve, their staff demographics change and the plan design which was right for you in the past may not be right for your existing employees. Retirementplans.com will provide a no pressure analysis of your existing plan and make any necessary recommendations to optimize your retirement plan to meet your goals.

Dedicated Consultants providing personalized service.

When you choose RetirementPlans.com, LLC to provide retirement plan administration, you will be assigned a dedicated consultant who is familiar with your plan, your employee demographics, and your company’s unique challenges and goals. You will receive personalized, attentive, and highly competent service from one of our experienced consultants.

Streamlining administration for existing plan sponsors.

Transferring plan assets or administration duties does not have to be a complicated experience. We have over 40 years of experience in assuming administration on existing plans and, if necessary, transferring assets from dozens of recordkeepers to any of the many recordkeepers we partner with.

Annual and ad hoc government filings and document updates.

Our team of experienced consultants will reconcile plan assets and complete any required government forms, including Forms 5500, 5558, and/or 1099-R. We will keep you informed of mandatory restatements or amendments, and provide these document updates to you at the appropriate times. You can rest assured we will provide you with all the guidance you need to keep your plan in compliance.

Unbiased communication with Financial Professionals of your choosing.

Our unbiased approach allows us to work with your existing or preferred financial professionals. We will communicate with your financial advisor or CPA regarding your plan’s tax status and deductions. We will be in constant communication with the recordkeeper chosen to hold your plan’s assets regarding plan contributions or distributions, and we will work with your financial advisor to increase employee participation or assist with enrollment.

Our many years of experience in this field means we can recommend a CPA, financial advisor, recordkeeper, or even an ERISA attorney if you should ever need a referral. Because we are independently owned, we will only recommend the professional who is the best fit for you.