Anyone who's ever had a cable TV subscription understands the frustration that bundled services can bring. Administering your company's retirement plan with a single, one-size-fits-all vendor can feel the same. Lifetime Benefit Solutions partners with the industry's top financial advisors and record keepers to bring you á la carte compliance and administrative services trusted for over 30 years.
We believe that excellence is in the details. We will help you clearly define and prioritize corporate goals and translate them into a cohesive set of plan design features.
Our Services Include Plan Design For:
Safe Harbor 401(k)
401(k) with Profit Sharing
Defined Benefit Plans
Cash Balance Plans
New Comparability 401(k)
Owner Only 401(k)
Stand-alone Profit Sharing
403(b) subject to Employee Retirement Income Security Act (ERISA)
Plan Document Review and Consultation
Plan Document and Summary Plan Description (SPD) Preparation
Employee Communication and Notice Preparation
Signature-ready Plan Documents
We work for you - and only for you - to ensure your plan is highly efficient, cost-effective, and always in compliance with relevant rules and regulations.
Our Services Include:
Loan and Distribution Processing
IRS Compliance Requirements
Verification of Plan Eligibility and Entry
Verification of Vesting and Forfeitures
Routine Telephone Assistance to Plan Sponsor
Financial Reconciliation of Plan Assets
General Audit Support
Annual Administrative Reports
Signature-ready IRS Form 5500
Plan Sponsor Annual Review Meeting
And we make sure you have a dedicated account administrator to help you every step of the way.
Other Lifetime Benefit Solutions Products
Subscribe to get Lifetime Benefit Solutions partner and product updates