401k Plans
About 401k Plans
401k Plan Services
Listed below are the retirement plan services provided by BeneTech.
- Assist in initial and ongoing plan design
- In-House Legal Plan Document
- Annual Notices (Safe Harbor / Fee disclosure / SAR)
- Calculate Employer contributions (Profit Sharing / Match)
- Local & Toll free number sales/service
- Plan distributions within 2 days from date of request
- Annual Valuation Report & Regulatory Testing
- Annual IRS Form 5500 filing
- Independent TPA (Our clients can use the investment/recordkeeper they prefer)
- Plan Sponsor and Participant websites
- Assist client in establishing an automated contribution process (to eliminate data entry)
- Annually remove “low balance” terminees using the plan’s Mandatory IRA Rollover provision
- Assist client in reviewing and determining the validity of hardship documentation
- Optionally work directly with your CPA to determine/calculate employer discretionary contributions
Plan Questions?
For most plan sponsor and plan participant questions,
you should contact your Investment Recordkeeper directly.