401(k)
Administration
401(k) Administrative Services
• Ongoing Administration
• Participant Account/Trust Statement Reconciliation
• Validate all Financial Information Received
• Produce Participant Statements
• Produce Management Reports
• Review Reports with Management
• Complete Form 5500 and the Summary Annual Report
• 401(k) and 401(m) Anti-Discrimination Testing Semi-Annually (if applicable)
• IRS Code Section 415 Individual Contribution Limitation Testing (Must be
combined with Profit Sharing and Section 125 contributions, as required)
• IRS Code Section 404 Company Contribution Limitation Testing (Must be combined
with Profit Sharing)
• IRS Code Section 401(a)(26) and 410(b) Plan Participation and Coverage Testing
• IRS Code Section 416 Top Heavy Testing (Must be combined with Profit Sharing)
Other Services for additional fees which we can provide as part of the ongoing
recordkeeping services include:
• Employee Meetings and Communications
• Termination Packages
• Loan Administration
• Consulting on Plan Design
Investment Platform Partners
Over the years we have worked with a variety of financial institutions to
combine our efforts in the administration and record keeping of retirement
plans. Our focus is to be the point person for the plan in regards to the
administration. We are responsible for the establishment of the plan documents,
plan compliance, preparation of the 5500's, and the coordination of loans,
withdrawals, vesting confirmation, and contribution processing. The financial
institution with their technology is responsible for the daily participant
record keeping. Listed below are our Primary Investment Platform Partners:
Alliance Bernstein
American Funds
ING
The Hartford
MFS
John Hancock
Putnam
ExpertPlan
Metropolitan Life
Oppenheimer
Transamerica
If our prospective client does not wish to work with one of the
institutions mentioned above, we also have the ability to work with clients on
our Multiple Fund Platform which offers hundreds of Mutual Funds.
Document Services
A.C.G. can work in a number of capacities when it comes to initial documentation
of your plan.
• Your legal counsel can prepare the document
• A.C.G. utilizes Volume Submitter Documents.
We have no preference as to the method used other than making sure you end up
with a plan which satisfies your needs in a cost-effective manner.
Get to know us beneath the surface. Please call or e-mail us for a consultation.
Telephone: (860)
693-6991.
E-mail: jef@acgassociates.com
401(k)
Administration