Plan Design

SERVICES

Plan Documents

There are many reasons why a company would sponsor or setup a retirement account. At PPA it is important to us to make sure that your plan is structured properly so that you can accomplish your goals. All the way from 'set it and forget it' to structuring an owner buy out with tax deductible dollars. If you are looking to accelerate your retirement funding, minimize tax burdens, trying to retain key employees or just concerned about the lack of savings that your employees have, we want to help.

IRS rules require retirement plans to have a written document to formalize how the plan will operate. Additionally the DOL and IRS continually update rules and regulations and require that these documents reflect these changes. Plans must be restated every 5 - 6 years. PPA offers:

Custom document preparation complete with IRS submission
IRS pre-approved documents
Ongoing plan design improvements with regulatory changes
Amendments, restatements and necessary compliance documentation

Record Keeping

Record Keeping is accounting for all the contributions to and dispursements from a plan. There are employer and employee contributions that have different compliance regulations and vesting requirements associated with them. All of these need to be monitered and tracked in order to comply with DOL and IRS regulations. It is important to us that each cent is accounted for properly and allocated to each participant.

Compliance

Administration

All retirement plans need administration. Some need testing requirements, others have filing deadlines, some have calculations and actuarial assumptions. At PPA we are committed to delivering accurate and timely work to meet all of these needs. Including:

Collecting employee census data and contributions
Determining employee eligibility and vesting
Calculating benefit accruals
Preparing actuarial valuation reports
ADP/ACP testing
Non-discrimination testing
Preparing IRS Form 5500
Preparing Summary Annual Reports
Preparing PBGC Comprehensive Premium Filings

We are a full-service actuarial and pension administration firm providing consulting, record keeping, and actuarial services. plans allows us to offer clients personalized services to an existing plan to add value or to help meet fiduciary obligations.

Strategic and tactical strategies to plan design that improve plan accumulations and distributions
Plan terminations including administration and communication
Determining optimal employer contribution allocations
Data submission review to ensure accuracy
Plan testing estimates

Group Benefits

PPA is committed to providing high quality products to our clients. We create executive and employee benefit packages. Covering areas of health, dental, vision, life and disability.