The Kenneth D. Anderson Company, Inc.
Actuarial Services, Consulting and Qualified Retirement Plan Administration
Important Dollar Limits
Included in this category are:
Profit sharing plans
401(k) plans, with or without Safe Harbor or Roth features
Money purchase and target benefit plans
Employee stock ownership plans (ESOP)
Initial Review and Installation Services
Collection and review of all plan documentation and prior reports including valuation of trust assets, summary of participant accounts and reporting and disclosure material.
Review of existing administrative forms and procedures.
Identification and communication to management of any action required by this review.
Installation of plan specifications, employee census and investment account data on computer system.
Collection and analysis of employee census data.
Annual Recurring Services
Collection of employee data and investment information for newly eligible and terminated employees.
Determination of key and highly-compensated employees.
Calculation of employer contributions including profit sharing, matching and safe harbor as appropriate.
Recording changes in investment selection.
Verification of distributions and withdrawals.
Reconciliation of investments.
Allocation of investment gains/losses for pooled investment accounts.
Top-heavy and annual addition analyses.
Preparation of annual valuation report, including summary of trust assets, allocation of company contributions, forfeitures and investment earnings.
Preparation of individual benefit statements and Summary Annual Report for distribution to participants.
Preparation of annual return/report Form 5500 with all required schedules and attachments for filing with the Department of Labor.