Service Overview
Since 1974, APC has offered consulting and administration services to clients who know the importance of a well-designed retirement plan.
Not only is a retirement plan one of the best tax shelters available, it is an excellent way to attract and retain good employees— but administering a retirement plan is complex and daunting.
Due to this complexity, many employers are reluctant to take advantage of the many benefits of providing a retirement plan for their businesses. Don’t leave opportunity on the table!
We know that personal service is the key to your peace of mind. Our goal is to exceed your expectations, by always being available to answer questions, meet with your team, and review annual reports to make sure you are seeing the value of a retirement investment in your business.
Security & Expertise
Your retirement plan is not part of a “bigger picture,” it is the big picture.
Proper administration of a retirement plan is a serious and complex matter, and therefore we do not handle investments, insurance, or banking. We prefer to do one thing, and do it well.
Our expert staff ensures that your plan keeps pace with revisions in the law, the evolution of your workforce, and your own personal retirement planning needs.
The Cost Effective Choice
Like any professional accountant or investment advisor, we save you money by knowing our business inside and out.
The initial qualified plan design can be the most critical element to the overall success of your retirement plan. Our ability to customize a plan for your organization, including our fees, sets us apart from the competition.
This flexibility allows us to accommodate a range of clientele, from sole proprietors to larger corporations. We will maximize your plan benefits by offering cost-effective technology and service to support and protect your retirement plan.
Retirement Plans
401(k)
403(b)
Profit Sharing: traditional, age-weighted, tier-rated, and new comparability
Money Purchase
Defined Benefit
Cash Balance
Carve-Out
Plan Design
Plan design consulting and employee survey.
Preparation of Plan and Trust documents.
Preparation of sample Board Resolution for plan adoption.
Preparation of the Summary Plan Description.
Preparation and filing of forms necessary to obtain an IRS favorable Letter of Determination.
Preparation of Enrollment, Beneficiary Designation, and Record Keeping Forms..
Assistance with employee meetings about plan features and enrollment.
Plan Administration and Compliance
Collection of census information and determination of eligibility.
Annual Top Heavy testing.
Annual calculation of employer contributions.
Annual IRS Code §415 limit testing.
Preparation and delivery of Annual Report to the employer.
Discrimination testing under IRS Code §401(a)(26) and §410(b).
Trust fund accounting.
Allocation of gains/losses to participant accounts.
Preparation of employee certificates.
Preparation of the Summary Annual Report.
Preparation of the IRS Form Series 5500 and related Schedules.
Calculation of benefits, preparation of Participant Election Forms and 1099-R Forms for employees separated from the employer's service.
Assistance with employer/employee meetings.
Consultation relative to on-going administration of the plan.