As the plan sponsor, you're responsible for keeping participant records accurate and up to date — including eligibility, enrollment status, and beneficiary designations. We help manage this data and flag any gaps before they become compliance issues.

Employer and employee contributions must be deposited timely and allocated correctly according to your plan document. We monitor contribution deadlines and reconcile amounts each plan year.

If a deposit is late, the DOL requires specific correction steps, including calculating lost earnings and potentially filing Form 5330. We guide you through the correction process to stay compliant and avoid penalties.

Trustees hold a fiduciary duty to manage plan assets solely in the interest of participants and beneficiaries, acting prudently and in accordance with the plan document. We help trustees understand and meet these obligations.

The Plan Administrator oversees day-to-day operations, ensures timely filings like Form 5500, provides required participant notices, and ensures the plan operates according to its terms and ERISA regulations. We work directly alongside your administrator to handle these tasks.