Bessen Actuarial Services is a full-service third-party administrator (TPA) for tax-qualified retirement plans. Services include:
- New plan design and implementation, including legal documents (or existing plan redesign and compliance review), Summary Plan Description
- Annual contribution calculations, including requesting census and asset data, eligibility screening, nondiscrimination testing
- Preparation of annual reports, including Form 5500 series, participant benefit statements and notices
- Participant distribution processing and government reporting
- Plan document amendment, restatement, termination and IRS submission, as needed.