After installation, a retirement plan needs continuous supervision to ensure it remains in compliance and continues to meet its goals. Once we have your plan designed and operating, we will assign a dedicated team of experienced plan consultants to you to help manage its performance. These consultants will simplify your workflow by managing the paperwork and processes associated with sponsoring a retirement plan.
Our consultants will perform comprehensive compliance testing to ensure the integrity of your plan and will deliver signature-ready tax returns to help you fulfill all tax-filing requirements. Additionally, they will:
- Calculate eligibility and vesting
- Manage allocation of employer contributions
- Monitor plan activity to ensure that “key employee” benefits are not greater than allowed by law
- Help with audits.
- Submit IRS Form 5500 Filings
- Reconcile Trust Assets
You, your business and your employees will benefit from the experience of Niles Lankford Group (NLG) professionals who bring essential and practical experience to the administration of your retirement plan.