Our personnel have the expertise needed to guide you through the complicated field of pension administration. We work efficiently and go the extra mile, keeping you informed of changes in regulations and policies that affect your business and your most precious resource—your employees.
Our personnel are trained in the latest IRS, Department of Labor (DOL) and ERISA Laws. Our knowledge of the pension and tax arenas enables us to work in conjunction with tax attorneys and accountants to benefit you.
Our goal is to provide individual attention to our clients and to connect them with the best possible financial network to support their pension plan’s needs. With your input, we will prepare a plan design that best fits the needs of your company.
Review our FAQ for more information.
|Plan Setup||Small business owner with no employees other than spouse or partner|
|Plan Trustee and Plan Administrator||Business owner (and their spouse or partner if applicable)|
|Salary Deferrals||From $0 to IRS maximum ($18,000, plus $6,000 if older than 50) in 2016|
|Employer Contributions||Up to 25% of salary (20% for self-employed), with a maximum of $53,000. $53,000 is the total contribution limit for deferrals and employer contributions|
|Contribution Flexibility||Annual contributions are never required. Each year, contributions can range from $0 to the maximum permitted under current laws.|
|Unlimited Investment Options||It’s your money, you choose where to invest it.|
|Rollovers||Permitted from qualified plans|
|Loans||Optional. You may borrow from your 401(k) with interest (which is paid back into your account without penalty). Minimum loan is $1,000; maximum is $50,000 or 50% of the account balance|
|Roth||These after-tax contributions can be made with the same limits as traditional 401(k) deferrals ($18,000, plus $6,000 if older than 50) in 2016|
|Annual Government Filings||Form 5500-EZ (if assets are less than $250,000)|