EJS_TPA

Hi, I sent you a message about this. Happy to help.

I’m handling a takeover plan where assets were incorrectly reported on the 5500. The plan is brokerage-held with separate accounts, but one of the accounts was excluded from the 5500 filings dating back to 2020. I plan to amend the filings, but are there any penalties associated with this type of issue?

I am looking to gather data to compare plan enrollment statistics between Safe Harbor Match and Safe Harbor Nonelective contributions. The assumption is that offering a SHNE may not provide employees with an incentive to enroll for elective deferrals, as they would receive the contribution regardless of their participation.

THANK YOU!

I have a plan that was amended to exclude HCEs from SHNE contributions. None of my current plans have this exclusion, so I want to ensure I understand it correctly. If HCEs are excluded, does this mean that all HCEs would not receive any SH Employer contributions, or does it mean they have the option to be excluded? I assume they would not participate in the allocation since this exclusion is written into the document, but I need clarification on the logic, as the Financial Advisor is questioning this.

I am looking to start marketing to local advisors and CPA’s as a referral source. Would anyone be willing to share their marketing materials with me? I am looking for some inspiration. Thanks!!

I am in the process of launching my own TPA firm and looking for best practices on software and/or programs that I should obtain. Any input would be extremely helpful!!

I am in the process of starting a new TPA form and looking for a mentor. Staff will be just me. I have loads of experience on the investment side of the business but administration is new to me. I have a QKA designation and will be obtaining the QKC and QPA. I am looking to find a mentor that I could refer to if I run into issues on the administration side.

I am starting a new TPA firm and wondering if anyone is willing to share some essentials to get started. I am not looking to steal anyone’s clients or information but could use some inspiration in creating my documents. If anyone is willing to share, I am looking for help on the following: Engagement letter/agreement Form letters New client checklists Takeover letters/checklists Year end census collection Administration checklist