Frequently Asked Questions

The Form 5500 is an annual return/report filed with the Department of Labor. Most retirement plans are required to file it, and we prepare and file it on your behalf through EFAST.

Nondiscrimination testing ensures that the plan benefits all employees fairly - not just highly compensated individuals. We conduct these tests annually and guide you through any corrections if needed. 

Generally, distributions can occur at retirement, termination of employment, or in cases of disability or death. Some plans allow in-service withdrawals or loans under certain conditions.

We guide you through the entire process - from plan design to implementation. We'll tailor the plan to your business needs, draft documents, and assist with setup through your chosen recordkeeper.

Absolutely! Whether you're adding a safe harbor feature, adopting a cash balance plan, or just want to simplify, we'll help reconfigure the plan to meet your current goals.

We'll help you understand if your plan permits these options and how to process them correctly to avoid penalties. For the list of hardship qualifications, click HERE.