Plan Administration

Baden Retirement Plan Services is an  independent third party administrator (TPA) that provides plan administration services for tax qualified defined contribution plans; these include plans such as 401(k) plans, 403(b) plans, profit sharing plans and others:

Required annual administration services

• Summary of accounts (accrual basis)
• Form 5500 
• Discrimination Testing 
  • ADP/ACP
  • 410(b), 415, 402(g), 401(a4), 404(a4A)
  • Top Heavy
• Monitoring and amending a plan to help ensure it complies with the ever-evolving IRS and DOL Rules
• Monitoring, redesigning and/or amending a plan document to reflect significant changes in a company

Services provided as needed

•  Participant distributions
  • Defined contribution distributions
  • Hardship distributions
  • Qualified Domestic Relations Order (QDRO) distributions
• Participant loans
  • Initial set up
  • Maintenance for the life of the loan
• Additional work with auditors related to the Form 5500 for plans with more than 100 participants
• Corrections made due to failed discrimination tests
• Reallocation of forfeiture
• Allocation of annual profit sharing or match contribution
• Corrections to census/plans due to incorrect census information
• Insurance contracts
• Cross-tested calculations
• Non-standard definition of compensation
• Annual document maintenance fee