The goal that the employees of United Benefit Pensions have is to provide the highest level and best quality of specialized service to each of our clients and their employees. An Account Executive will be assigned to your 401(k) or Retirement Plan to handle the operational functions of the Plan. A team of one or two individuals will be available when your Account Executive cannot immediately be contacted.
The administration services that United Benefit Pensions provides would include the following:
Assistance with the design of plan provisions
Identify eligible employees and when their entry dates will be
Assist with enrollment meetings on a semi-annual basis
Prepare Actual Deferral Percentage Test and Actual Contribution Percentage Test
Prepare IRS Form 5500 and related schedules signature-ready annually (Please note that the IRS requires an independent auditor’s statement to accompany all 5500 filings for plans with over 100 participants. Any fee associated with that service is separate from administration fees charged by United Benefit Pensions Inc.)
Prepare top-heavy testing and Section 415 limitation testing annually, where applicable
Provide corrective alternatives to compliance test results annually, where applicable
Provide plan compliance information on an ongoing basis • Prepare benefit distribution forms • Professionalism in providing service to you and your employees.
United Benefit Pensions Inc. is a full-service Third Party Administration firm with the capability of working with a variety of different investment programs that might be offered by your Investment Advisor. A phone call to our office will start you and your company on the road to a successful and easy to work with retirement program.
175 Broadhollow Road, Suite 160
Melville, NY 11747