| Service Functions |
TPA Partner |
Retirement Revolution |
| Marketing and Distribution |
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Marketing and distribution material |
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Responds to all Request For Proposals |
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Provides Support |
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Quick facts marketing pieces available |
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| New Business Implementation Services |
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Obtains initial new business paperwork |
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Gathers all necessary documents set up account |
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Manages and communicates conversion requirements |
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Drafts communication letters to prior service providers |
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Sets up plan and custody account on all internal systems |
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Prepares Plan Sponsor Handbook |
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| Document Services |
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Prepares Plan documents and SPD |
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Prepares Sarbanes-Oxley blackout notice |
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Provides on-going plan compliance services and consulting on technical issues and plan design needs |
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| Account Management |
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Safe-keeping of Plan Assets |
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Daily valued recordkeeping services of participant account balances |
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Process all plan contributions |
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Monitors suspension dates due to hardship |
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Calculates loan available amounts and process requests |
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Calculates hardship available amounts and process requests |
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Process termination benefits |
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Monitors and reports delinquent loans |
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Generates and files Form 1099 |
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Execute trades, post income and reconcile accounts with mutual fund companies |
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| Relationship Management |
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Single point of contact for Plan Sponsor and Financial Advisor |
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Provides Support |
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Manages relationship with Plan Sponsor |
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Provides Support |
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Services participants directly |
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Provides Support |
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Responds to transaction based inquiries |
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Dedicated team for TPA Partner Support |
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| Compliance Services |
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Prepares annual census mailing |
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Annual testing package including ADP/ACP, 415, coverage testing and top heavy testing |
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Prepares 5500 filing and Participant Summary Annual Report |
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Calculates required minimum distributions |
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Prepares annual employer contribution calculation and allocation |
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Responds to DOL and IRS inquiries |
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Provides Support |
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Assist Plan Committee in QDRO review |
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Preparation of IRS Notice requirements for Safe-Harbor contributions and Sarbanes-Oxley blackout needs |
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Provides Support |
