Services

Plan Design and Set up

Each business is unique and your employee benefit plan should reflect the unique requirements of your business.  Dermody, Burke & Brown will help you analyze your needs and build a plan to help you meet your retirement planning goals.

• Plan Design
• Plan Document preparation
• Preparation of Summary Plan Description and other administrative forms
• Preparation of necessary Amendments to keep your plan in compliance

Third Party Administration Services

Our retirement plan administration services can vary based on your needs.  From consulting projects to daily valuation plans we can offer services that will fit the needs of your business:

• Daily, Quarterly, Semi-annual or Annual Plan Valuations
• Cash or Share Accounting Methods
• Eligibility Determination
• Allocation of Employee Deferrals
• Allocation of Investment Gains/Losses
• Loan Administration
• Non-discrimination & Coverage Testing
• Preparation of Form 5500
• Preparation of Forms 1099-R, 1096 and 945
• Participant Web Access
• RS DOL Audit Representation
• Trust Accounting
• Allocation of Employer Contributions
• Distribution Processing
• Participant Statements
• Fee Disclosures
• Preparation of Summary Annual Report

Consulting Services

We act as an outside consultant when businesses already have an Investment Manager and Third Party Plan Administrator, but prefer to have an object review of their plan.  We are able to review plan design, cost structure and administrative practices.