Baden Retirement Plan Services is an independent third party administrator (TPA) that varies its services according to the type of tax qualified defined contribution plan that an employer (plan sponsor) chooses to install: allocated product, traditional/balance forward or daily valuation open architecture.  Tax qualified defined contribution plans are generically referred to as 401(k) plans or employee retirement plans.

Allocated Product Plans

• Plan design
• Department of Labor (DOL)/Internal Revenue Service (IRS) compliance
• DOL government reporting/Form 5500
• Processing 
  • Distributions
  • Loans
  • Hardship withdrawals
  • Required minimum (RMD) distributions
  • Qualified Domestic Relations Order (QDRO) distributions
• Recordkeeping done by mutual fund company or insurance company
• Participant website maintained by mutual fund company or insurance company

Traditional/Balance Forward Plans

• Plan design
• Department of Labor (DOL)/Internal Revenue Service (IRS) compliance
• DOL government reporting/Form 5500
• Processing 
  • Distributions
  • Loans
  • Hardship withdrawals
  • Required minimum (RMD) distributions
  • Qualified Domestic Relations Order (QDRO) distributions
• Preparation of Participant Statements
• Non-daily recordkeeping done by Baden Retirement Plan Services

Daily Valuation Open Architecture

• Plan design
• Department of Labor (DOL)/Internal Revenue Service (IRS) compliance
• DOL government reporting/Form 5500
• Processing 
  • Distributions
  • Loans
  • Hardship withdrawals
  • Required minimum (RMD) distributions
  • Qualified Domestic Relations Order (QDRO) distributions
• Preparation of participant statements
• Daily recordkeeping done by Baden Retirement Plan Services
• Support of and access to Participant and Plan Sponsor website

For more information, contact Tom Ackmann at (260) 969-2677 or use our Contact Us form to e-mail your inquiry.