How efficiently your retirement plan operates directly affects its overall performance.  The professionals at V&A provide many administrative services to make your retirement plan more efficient and less time-consuming for you.

On a continuing basis, Vaughan & Associates, Inc. will:

Prepare annual IRS 5500 Series forms with the required schedules and attachments

Prepare Summary Annual Report for participants

Reconcile trust assets and prepare trust financial statements

Monitor plan for top-heavy applicability and impact

Monitor 415 annual addition limitation

Complete 401(k) and 401(m) discrimination tests for compliance

Assist with the determination of Key and Highly Compensated Employees (HCE’s)

Determine maximum tax-deductible limits annually and confirm the amount taken as a deduction

Monitor minimum coverage and minimum participation for compliance

Keep clients appraised of law changes and their impact

Provide information and support for IRS/DOL audits

Prototype document available

Assist the administrator with required documents and procedures to make distributions, hardship withdrawals and loans from the plan

Provide in-depth cross checking and verification of all reports and communications to ensure accuracy