If you are looking for financial advisors in Oklahoma City, you can work with Tristar Pension Consulting. They have more than twenty years of experience offering companies their services, including plan design consulting, compliance consulting, recordkeeping, and administration services for retirement plans.
They Administer and Keep Records for Plans
Once you choose a plan for your business, financial advisors in Oklahoma City will maintain participant vested percentage records. They will also determine eligibility for the allocation of employer contributions and forfeitures, and they will allocate employer and employee contributions. In addition, they will allocate plan earnings and forfeitures if they are applicable. They can process distributions, calculate the amounts, and prepare distribution notices. They prepare release forms and IRS forms as well. This type of company can set up loan accounts and process hardship withdrawals, and they will reconcile trust accounts and prepare participant statements.
Consulting Services
You can also rely on financial advisors in Oklahoma City for consulting services. They can help with plan amendments, terminations, and mergers, as well as IRS and DOL audits. They provide assistance with plan design changes, and you can rely on them to conduct special plans or participant studies and projections. Finally, these advisors help with defined benefit plan design and administration. You can also work with them to come up with the best plan design, and they will prepare the illustrations for you. They can handle your government reporting and annual compliance testing. When you work with these planners, they will make sure that you have the plans you need.
