Compliance & Plan Design Consulting

Our ERISA Compliance Specialists are available to assist Plan Sponsors and/or their ERISA Counsel with plan design suggestions at conversion and thereafter. In each client engagement, we strive to identify potential areas of improvement for our clients and their participants and to streamline administrative operations wherever possible.

Retirement Alliance provides support in the following areas:

ERISA Consulting

• Advice, guidance and needs analysis to empower Plan Sponsors to compare plan types and benefits and make well-informed decisions
• Plan design and documentation based on unique company profiles, including coordination with other company plans (if applicable)
• Preparation of adoption agreements (including standard and non-standard as well as volume submitter plan documents), plan amendments, loan procedures, summary of material modifications and summary plan descriptions—if Retirement Alliance documents are used
• Consultation and preparation of pro forma projections in response to changing plan needs and/or regulatory compliance resulting from anticipated or realized changes to a client’s organizational structure (mergers, acquisitions, spin-offs, etc.)
• Guidance and support regarding the IRS Employee Plans Compliance Resolution System relating to operational issues and its application for such processes as the Self-Correction Program, as required

• Ongoing monitoring and proactive communication of legislative activity and changing regulations to ensure your plan remains current
• Pro forma plan expense analysis and recommendations

• Pro-active consultation regarding non-discrimination testing results/failures
• Identification of viable alternatives in plan design, testing methods and corrections to mitigate and/or avoid future test failures
• Preparation of signature-ready IRS Form 5500 and accompanying schedules
• Plan audit support including electronic auditor’s package and auditor consultation