Retirement Plan Analysis

Companies are confronted with the difficult task of selecting the best retirement plan for their employees, and, in the case of closely-held businesses, their owners. In a competitive employment market, it is important to have a plan in place that ensures you attract and retain the best employees.

Our retirement plan specialists can help you navigate through the complex plan rules imposed by the Internal Revenue Service and the U.S. Department of Labor. Our retirement plan services include:

• Plan design to yield greater allocation of benefits to highly-compensated/key employees by evaluating types of plans such as 401(k), profit sharing and simplified employee plans (SEP’s), and selecting from various alternatives for allocating employer contributions, such as:
  • Percentage of compensation;
  • Permitted disparity;
  • Cross testing, such as New Comparability design;
• Consultations on reporting and filing requirements;
• Preparation of IRS Form 5500;
• Distribution planning;
• ERISA compliance;
• Implementation of and ongoing consultation regarding Cafeteria plans.