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# Draft and design qualified plan documents and trust agreements, including amendments and restatements, to comply with law
and regulations or client requests.
# Develop and review summary plan descriptions.
# Draft deferred compensation plans, including non-qualified executive compensation and stock option plans.
# Draft welfare benefit plans, including cafeteria plans, medical reimbursement plans, dependent care assistance plans,
and health care plans.
# Draft affiliate adoption statement.
# Draft administrative documents, including notification of participation, election to participate, beneficiary designation,
qualified joint and survivor annuity and qualified pre-retirement survivor annuity waivers and application for benefits, and
election to contribute.
# Draft summary annual report.
# Draft benefit and/or compensation statement.
# Draft loan request forms, including consents, if appropriate, and purpose of loan verification for participant loans.
# Draft board of directors resolutions for plan adoption, adoption of amendments, contribution amounts, and other actions
required to be taken by the board.
# Draft and file application for IRS determination letter.
# Assist client in preparing and filing annual report (5500 series and related schedules).
# Monitor progress of new plans and amendments to verify required actions occur on schedule.
# Review and interpret regulations issued by government agencies to determine their application and relevance to client
plans.
# Assist in preparing and coordinate general notice mailings to clients about potential impact of new legal developments
upon plans.
# Research interpretive questions on prohibited transactions for qualified and non-qualified plans.
# Calculate employer contributions and forfeitures and allocate to participant accounts.
# Determine earnings adjustments and allocate to participant accounts.
# Calculate participants' years of service of eligibility and vesting.
# Calculate benefit for terminated participants.
# Test pension plan for discrimination, top-heaviness and 26 U.S.C. § 425 limits (i.e., plans that have a large proportion
of highly compensated employees must be fair to lesser compensated employees).
# Maintain plan as follows
* Pay termination benefits to terminated or retiring employees.
* Pay loan proceeds and track loan repayments.
* Deposit employee and employer contributions to accounts.
* File IRS Form 1099's for payments made.
* Pay hardship withdrawals.
* Arrange for establishment of pension payroll.
* Track accounts to ensure investments are in accordance with investment elections.
* Review account for updating and revisions to conform with new tax laws.
# Determine highly compensated employees for purposes of average deferral percentage/average contribution percentage (ADP/ACP)
testing in connection with pension plans.
# Monitor IRS reporting and disclosure deadlines.
# Draft responses to questions raised by the IRS.
# Draft required Pension Benefit Guaranty Corporation (PBGC) filings (i.e., PBGC-1s and notices of intent to terminate).
# Draft or review qualified domestic relations orders.
# Provide recommendations about payment options for participants and beneficiaries.
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