Employee Benefit Plan Services

Our Employee Benefit Plan Services Group performs:

Audit Services

  • 401(k), 403(b), and profit sharing plans, including 11-K
  • Employee Stock Ownership Plans (ESOPs)
  • Defined benefit and cash balance plans
  • Health and welfare plans

Consulting, Fiduciary, and Administrative Solutions*

  • Plan governance assessment, implementation and maintenance
  • Fiduciary and participant education
  • Investment menu analysis, including target date fund suitability
  • Fee benchmarking, including requests for proposals (RFPs)
  • Customized plan design analysis and implementation
  • Open architecture retirement plan platform
  • Individual Retirement Account (IRAs) solutions
  • Third-party administrative services, including:
  • Compliance and nondiscrimination testing
  • Form 5500 preparation
  • Recordkeeping for daily-valued individual account plans
  • Plan document preparation
  • Distribution processing
  • Participant reporting and notification
  • Plan corrections under EPCRS (IRS), DFVCP (EBSA), and VFCP (DOL)
  • Assistance with IRS and DOL examinations
  • Employee stock ownership plan (ESOP) consulting and administration, including feasibility analysis, repurchase obligation, and 409(p) testing (where applicable)
  • Nonqualified plan design and implementation

Helpful Links

*Consulting and Fiduciary Services are provided by SDAdvantage Retirement Solutions, LP (SDARS) and Schneider Downs Wealth Management Advisors, LP (SDWMA).
SDARS performs third-party administrative services for retirement plans.  These services typically include design and plan documentation, compliance testing and reporting, recordkeeping, contribution processing, and distribution services.
SDWMA is a Registered Investment Advisor providing investment management services to plan sponsors, including discretionary and non-discretionary investment advice regarding a plan’s investment options, the ongoing monitoring of those options and participant education.

case studies

 
big problem:
Ransomware attack halted a global manufacturer's operations.
big thinking:
Recover and secure the system – fast – save $1 million in ransom.
 
big problem:
High tax burden for family-owned franchisor.
big thinking:
Comprehensive planning for a 15% tax reduction.

our thoughts on

ERISA BY Donna Wolfson
U.S. Department of Labor Proposes New Electronic Disclosure Rule
Benefits, ERISA BY Tim Martin
Changes Coming Soon to MEPs, Other Legislative Developments Anticipated
ERISA BY Justin Mudryk
Employee Benefit Plans Can Do More Than Satisfy Regulatory Requirements
ERISA BY Jill Lucas
IRS Determination Letter Program Expansion
ERISA BY Alexander Papson
The Importance of Implementing Retirement Plan Best Practice Standards

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contact us

Map of Pittsburgh Office
Pittsburgh

One PPG Place, Suite 1700
Pittsburgh, PA 15222

contactsd@schneiderdowns.com
p:412.261.3644     f:412.261.4876

Map of Columbus Office
Columbus

65 East State Street, Suite 2000
Columbus, OH 43215

contactsd@schneiderdowns.com
p:614.621.4060     f:614.621.4062

Map of Washington Office
Washington, D.C.

1660 International Drive, Suite 600
McLean, VA 22102