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.