To make your plan operational, we’ll prepare all plan documents and IRS forms for your review and for review by your legal counsel and/or tax advisor.
For certain individually designed plans weíll also submit documentation to the Internal Revenue Service for a determination letter of the planís qualified status.
A Summary Plan Description, which is a simplified version of the plan document, and any other necessary informational materials will be prepared for distribution to your employees.
We’ll assist a key person in your organization in answering their questions about the plan.
Other components of your installation include:
-Action/Minutes of the Board of Directors (for corporations)
-Plan and Trust documents
-IRS Forms, when applicable.
-Application for Trust Identification Number
-Notice to Employees
-Designation of Beneficiary Form, and
-401(k) Enrollment Forms.