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How Can REPTECH Help?

REPTECH's professional staff can help you regardless of the current status of your 401(k) or other retirement plan, whether you are just starting out or have an established plan. Here's a list of some of our services, organized according to where you are in the retirement plan life cycle. We can help you with the following:

Here's how…

Feasibility Studies and Plan Design

Thinking about adding a qualified retirement plan to your company's benefits package? Put REPTECH's in-depth expertise in retirement plan design to work for you. Let REPTECH help you:

  • Determine your goals, requirements, and budget.
  • Collect and analyze corporate data, and estimate the costs for various plan alternatives.
  • Design a plan specifically for your company - one that not only meets your specific needs and requirements, but also fits within your budget.
  • Discuss recommendations for the plan with company officials and their advisors. back to top

Plan Start-up

REPTECH can make the transition from the planning phase to the implementation phase seamless and worry-free. Let REPTECH help you:

  • Prepare Trust Agreement and Board of Directors' resolutions for plan adoption.
  • Design and prepare the Summary Plan Description (employee handbook) and all required participant forms (for example, enrollment forms and investment direction forms).
  • Prepare and submit required IRS documents to obtain a ruling on the qualified status of your plan.
  • Prepare materials for your employees explaining the plan and how it works.
  • Hold employee question and answer meetings. back to top

Plan Administration and Maintenance

REPTECH's expertise as a third-party administrator (TPA) of qualified retirement plans is unsurpassed. REPTECH understands all of the applicable laws and regulations, as well as the data analyses and actuarial calculations needed to keep your plan on track. As your TPA, REPTECH will:

  • Analyze your plan on an annual basis, identifying any needed amendments and solutions to any problems.
  • Analyze payroll census data to determine eligible participants and to calculate benefits based on the data.
  • Calculate required contributions.
  • Calculate vesting in employer contributions.
  • Prepare and submit all required plan documentation (for example, Form 5550 annual reports to the Department of Labor and IRS).
  • Perform nondiscrimination testing for the plan.
  • Prepare plan level accounting statements and individual account statements.
  • Assist with IRS or DOL audits.

REPTECH is also available to consult with you on options such as loans and hardship distributions, as well as to assist with other matters such as acquisitions, spin-offs, and controlled groups.back to top

Plan Termination

Having to terminate a plan as a result of a merger or company dissolution? REPTECH can help you with all the required paperwork. Let REPTECH help make the termination as painless as possible. REPTECH will:

  • Prepare any required amendments to the plan prior to termination.
  • Prepare required notices to participants.
  • Prepare and submit documents required by the PBGC (Pension Benefit Guaranty Corporation) and the IRS.
  • Prepare the required forms to distribute the assets to plan participants and beneficiaries.back to top

Contact REPTECH today and put our expertise to work for you!