Employee Benefit Plans are great employee
benefits. But they can be a hassle to administer - even if your company
is small - even if you have experience. ADP and ACP testing, eligibility
requirements, deferral limitations, vesting rules, matching contributions,
hardship withdrawals, trustee responsibilities, employee questions: the
details fill pages.
Companies with Employee Retirement Plans - large and small
alike - often feel frustrated by these tedious administrative requirements.
But there's no need. Walker provides plan administration services
that make employee retirement plans easy to handle.
Here
are the services we'll provide…
:: We'll
handle IRS testing requirements.
Some popular plan types require ADP testing, ACP tests,
Top-Heavy formulas, etc. Most employers find these tests difficult to accomplish
and challenging to understand. But don't worry; we'll do them for you.
:: We'll
handle the forms, reports and statements.
There's a long list: Safe Harbor Notices, Participant Distribution
Elections, Special Tax Notices, Beneficiary Designations, Salary Reduction
Agreements, and many more. But don't worry; we'll provide the forms and help
with their completion.
:: We'll
keep your plan up to date with changing IRS regulations.
The law requires that your plan remain in compliance with
IRS standards to ensure equal and fair treatment for all employees. Distribution
regulations change. Contribution guidelines vary. Special provisions are
added. But don't worry; we'll keep you informed and help you keep your plan
up to date.
:: We'll provide you with day-to-day answers
and assistance.
There's an endless array of employee questions about their
retirement plans. Plan participants need to know, in simple terms, the answers
to questions like these:
-
Am I eligible?
-
How much can I contribute?
-
Do I qualify if I only work part time?
-
How does this vesting thing work?
-
Can I make withdrawals from the plan before my retirement?
-
How much matching funds will I get?
-
How can I invest my funds?
There’s a lot more, but don’t worry. We’ll provide all the answers they’ll
need.
:: Your concerns
are our only interest.
Walker & Associates is an accounting firm - not an investment
firm, brokerage firm or insurance company. We don't sell securities, insurance,
or earn commissions from sales. Our sole interest lies in helping our clients
comply with governmental guidelines and realize the maximum amount of benefit
from their employee benefit plan.
Click here to
learn more about Walker & Associates.
