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Companies sponsor retirement plans for different reasons. Sometimes the reason is to provide a means for employees to save for retirement. Other times it may be a method of helping to reward productivity or profitability. Often, plans are setup to provide tax deferred savings for the business owner. APA does not believe in "one size fits all" plan design.

First, we work to understand the needs of the company. We take into account employee demographics, previous participation rates and the desire of the owners to benefit from the plan. We work closely with Human Resources and any Investment Committee to make sure we understand all of the goals related to the plan. We learn about plan and company expenses associated with plan administration and investments.

After we understand all of these various factors, we begin to design a plan to meet the specific needs of the client. Even after the plan design is complete, we continue to monitor plan design for enhancements or mandated changes based on new laws and the evolving needs of our clients.


Administration:

APA Benefits is a full service TPA. We provide the following services to our administration clients:

· Preparation and filing of signature ready IRS Form 5500 and appropriate schedules
· 401k Actual Deferral Percentage Testing (ADP)
· 401m Actual Contribution Percentage Testing (ACP).
· 416 Top Heavy testing
· 415 Annual Additions Limits
· 404 Maximum Deductible Contributions
· 401a (4) Compliance
· Identification of required distributions under 401a (9)
· 402g limits on 401k deferrals
· Preparation of Summary Annual Reports
· Processing of plan distributions to include 1099R filings
· Track vesting and forfeitures
· Allocate/Calculate Employer contributions
· QDRO review and processing


Retirement Products:

Defined Contribution Plans
401(k)
Profit Sharing
New Comparability / Cross-tested
Integrated Profit Sharing
Target Benefit

 
Defined Benefit Plans
Traditional Defined Benefit
412i
Cash Balance
Floor Offset
DB / DC Combo

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