Third Party Administrator (TPA) Services

By using USA Payroll for your payroll and 401k TPA Services you will benefit from the following:

Preparation of Volume Submitter Adoption Agreement, Summary Plan Description (SPD) and all required notices and forms
Determination of Employees Eligible to Participate
Determination of Vesting Service
Submission of contributions per pay period
Preparation of Annual Trust Accounting
Calculation of Employer Matching Contributions
Calculation of Employer Profit Sharing Contribution using various allocation methods: Pro-Rata, Integrated with Social Security Wages and New Comparability based on groups, age and/or service
Annual Compliance Testing, ADP/ACP, Top Heavy, 402(g), 404 deductibility, 401(1)(a)(4) general non-discrimination, 410(b), 414(s), and 415
Coordination of Annual Compliance Testing when there is a second employer plan
Preparation of Annual IRS Filing 5500-SF and 5500 as well as assistance with large plan audit
Distribution Processing, to include terminations, in-service, hardship, and age 70 RMDs
Loan Processing

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