Plan Administration
Employee Benefits Administration and Consulting
As a partner to the Investment Advisory Business, we offer fee-based third party retirement plan administration and consulting services. From the initial design of the plan to fit the needs of the employer through the implementation process on to plan termination, our parent company Hulsey, Harwood & Co. provides the following services for qualified plans:
- Plan Design and Documents
- Initial or Amended Implementation
- Compliance and Testing Services
- Preparation of Monthly, Quarterly or Annual Participant Reporting
- Governmental Reporting and Disclosure
- Distribution Processing & Reporting
The administration of qualified plans requires considerable experience and knowledge of the laws and regulations governing plans and changes as they are made. Our professionals have been in this business over 25 years. With this background they are able to:
- Determine eligibility from employee census provided
- Perform any required testing
- Review the plan to determine if changes need to be considered to better meet the goals and needs of the employer/sponsor
- Provide a knowledge base for the employer when participants ask questions about the plan provisions or general rules and regulations
Investing involves risk including the possible loss of principal. No guarantees of investment success can be offered or that a client's goals and objectives will be achieved. Investments will fluctuate and there will be periods where the investments may be worth less than the initial purchase value.