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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.

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 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

I have the opportunity to start my own TPA firm and I really need some help. I have been a pension admin for some time now and have a firm grasp of the administration side. I have been offered an opportunity to join a CPA firm and partner with them to start a TPA firm. I have done the grind and put together all the paperwork for new clients, takeover plans, safe harbor notices, etc... I have ASC coming and installing their programs and I will accompany that with Pension Pro software. So I have almost everything lined up to move forward. My question is: #1 - Do I have to have certain credentials to be able to start my own TPA firm? I have one more test to get my APA designation, but is there something that would stop me from being able to open my own firm? #2 - Besides all the proper paperwork and setting up the software, is there something i could be missing that would be a road block or set back? #3 - What advice can you give me that would help me avoid pitfalls or help me not miss something while setting up the new firm. #4 - Would someone be willing to have a conference call with me and go over the steps they went through to start their own firm? In a nut shell, I just need some guidance so I don't have a surprise pop up that would not allow me to open the new firm. I would really appreciate all the help i can get to start off on the right foot. Thanks!!