Plan administration
The technical work that keeps a retirement plan qualified, compliant and running smoothly, from the plan document to the annual filing.
Plan documents and restatements
Drafting new plan documents, required restatements and amendments, plus summary plan descriptions and summaries of material modifications that explain the plan to participants.
Nondiscrimination testing
Annual ADP/ACP, top-heavy, coverage and other required tests, with clear explanations of any failures and the options for correcting them on time.
Form 5500 preparation
Preparation of Form 5500 or 5500-SF and related schedules, plus Form 8955-SSA, coordinated with your recordkeeper and auditor where one is required.
Contribution calculations
Employer matching, profit sharing and safe harbor contribution calculations, including allocation formulas and true-ups.
Distributions and loans
Reviewing and processing distribution, rollover, hardship and loan requests against the plan's terms and IRS rules.
Participant notices
Preparing required notices such as safe harbor, automatic enrollment, QDIA and summary annual reports, and tracking their delivery deadlines.
Corrections
Identifying operational errors and late deposits and helping correct them through IRS and DOL correction programs.
Plan design and conversions
Helping you choose plan features that fit your goals, and managing the move when you change recordkeepers or administrators.
APA does not provide legal or tax advice. We work alongside your ERISA counsel and accountant where their advice is needed.
Want us to take on more?
Standard administration means we prepare the work and you sign off. As your 3(16) plan administrator, we take on many of those operational duties, and the fiduciary responsibility for them, ourselves.
Learn about 3(16) services- Plans we administer401(k), 403(b), profit sharing and multiple employer plans.
- Recordkeeper-friendlyWe work with the recordkeeping platform your plan already uses.
- A compliance calendarEvery client receives a calendar of the deadlines that apply to their plan.
Request a proposal
We'll review your plan and outline the scope and fees.