PLAN COMPLIANCE
Doing the Heavy Lifting So You Can Focus On What Matters Most.
From performing non-discrimination testing to completing Form 5500 to keeping your plan document up to date, we are your trusted “in-house” retirement plan experts.
Government Compliance
401(k) and 403(b) plans are required by law to complete certain annual compliance testing and government filings. These are critical parts of a successful and tax-favored retirement plan. Although keeping your plan in full compliance is important to you, we realize it’s likely not something you are thinking about (or even want to think about) day in, day out. That’s where we come in—our role is to be an extension of your retirement plan benefit’s team. Our team of experienced consultants perform the required testing and prepare signature-ready government forms. As an added benefit, we happily file the government forms with the IRS or DOL on our client’s behalf.
Our Compliance Services Can Help You:
- Perform comprehensive IRS / DOL mandated plan testing
- Prepare ready-to-sign Form 5500, Form 8955-SSA, and other required government forms
- Calculate and reconcile employer matching contributions and profit sharing contributions
- Monitor and calculate required minimum distributions (RMDs)
- Monitor plan’s forfeiture balance
- Review and process mandatory distributions of former employees with vested balance under $5,000
- Calculate and monitor top-heavy status
- Affirm sufficient ERISA fidelity bond coverage
- Ongoing analysis and recommendations of plan design changes
- And much more !
Learn More About What NESA’s Compliance Services Can Do For You