ADMINISTRATIVE SERVICES:

  • Determination of employee eligibility and entry into the plan.
  • Calculation of contribution – maximize contribution if requested.
  • Determination and maintenance of vesting percentages.
  • Allocation of contributions, earnings and forfeitures if applicable.
  • Preparation of defined contribution participant statements coinciding with the plan’s valuation date.
  • Reconciliation of plan assets and preparation of Statement of Assets and Income as of each valuation date.
  • Distribution processing- hardship distributions including determination of available amount and applicable forms.
  • Distribution processing- termination and In-service distributions including determination of available amount and applicable forms and notices.
  • Loan processing; calculation of amount, preparation of loan documents and amortization schedules.
  • 70 ½ tracking and calculation of required minimum distribution.
  • Annual actuarial valuation for defined benefit plans (provided by Aegis Pension Services),
  •  Preparation of defined benefit and cash balance participant statements (provided by Aegis Pension Services).