Defined Contribution Plan Services
Non-investment related administration, compliance and consulting services for the following types of Defined Contribution plans:

• Traditional 401(k) Plans
• Safe Harbor 401(k) Plans
• Profit Sharing Plans, including cross-tested
• Combo Plans
• Money Purchase Pension Plans
• 403 (b) Plans

          Administration services include, but are not limited to the following:

• Eligibility Review, including:
  • Plan participation
  • Contribution eligibility by contribution type
  • Compensation
• Trust financial review and reconciliation
• Contribution and forfeiture calculations
• Vesting calculations
• Periodic allocation reports
• Participant benefit statements, including new fee disclosure notifications, as the new regulations come into effect for plan years starting November 1, 2011 or later
• Distribution and loan calculations
• Form 5500, related schedules and Form 8955-SSA

         Compliance services include, but are not limited to, review and testing of the following, as applicable:

• ADP Testing - on 401(k) contributions
• ACP Testing - on match contributions
• Maximum deferral limits (§402(g))
• Catchup contribution eligibility and limits
• Maximum annual additions (§415)
• Maximum employer contribution deduction limit (§404(a)(7)(A))
• Coverage (§410(b))
• Nondiscrimination (§401(a)(4))
• Top Heavy (§416)
• Required minimum distributions (§401(a)(9))

          Consulting services include, but are not limited to, the following:

• Plan design review and contribution studies
• Correction processes and programs
• Plan terminations

Defined Benefit Plan Services

• Employee Data Reconciliation
• Trust Reconciliation
• Benefit Calculations
• Benefit Statements and Listings
• Form 5500, related schedules and Form 8955-SSA

Welfare Benefit Plan Services

• Wrap Plan Document and Summary Plan Description preparation
• Form 5500 and related schedules
• Form 5500 corrections

Revenue Sharing / TPA Compensation

• Many investment companies/recordkeeping providers pay Third Party Administrators compensation for servicing a plan on their platform.
• Hawaii5500 is proud that we have always taken the unusual step of crediting 100% of all revenue received back to the given Plan Sponsor.  This reduces your out of pocket expense for our services.
  

Confidentiality

• Encrypted data with a secure data multi-backup plan in place in the event of unforeseen circumstances.
  

Please contact me to discuss the specific needs of your organization.