Third-Party Administrative Services

Administering retirement plans is an incredibly complex process, and that’s without the issues that arise unexpectedly, bringing headaches with them.

Those headaches and problems are why our teams at Webber Advisors and Retirement Plan Solutions help you take the administrative responsibilities and potential problems off your plate.

Third-Party Administrative Services

Webber Advisors provides administrative services with respect to a wide range of retirement plans through our internal TPA division, Retirement Plan Solutions. These plans include:

• 401(k) Plans
• Profit-sharing Plans
• Money Purchase Plans
• 457 Plans
• Davis-Bacon or Prevailing Wage Plans
• New Comparability Plans
• Non-qualified Plans

Retirement Plan Solutions’ & Webber Advisors’ objective is to effectively provide our clients with third-party plan administrative services and to relieve them of as many potential problems as possible. Our approach during the first phase of our relationship with a client is to jointly review the entire administrative process, both the functions to be performed internally and those to be assumed by Retirement Plan Solutions. This comprehensive review includes:

• The plan’s provisions from an administrative perspective
• Current and proposed administrative procedures
• Establishment of information requirements and an administrative calendar
• Analysis of any historic problems experienced by the client and development of solutions to these problems.

Our third-party administrative services stress compliance with all tax and labor law requirements. Our services include all necessary compliance testing as well as the preparation of annual Form 5500.