Plan Services
CALL US: 800-630-401k (4015)
CALL US: 800-630-401k (4015)

Plan Termination (Closing) Services

The laws, rules and regulations governing 401k, profit sharing, defined benefit, and other qualified plan terminations, are very specific and enforced by the US Department of Labor and the IRS. It is important to seek out professional assistance to navigate the plan termination process. Failure to follow regulations regarding plan termination can result in substantial penalties and fines, or even worse, plan disqualification. SPS provides plan termination services to guide employers through the plan termination process.
 

Delinquent Filer Services

SPS provides administration services and 5500 preparation for plans which have not made timely filings. A customized quote can be prepared after discussing the services needed to bring a plan up to date. Services include:
  • Preparation and Electronic Submission of Delinquent 5500s
  • Application to DOL Voluntary Delinquent Filer Program
  • Past Years’ Annual Plan Valuations
  • Reconstructing Balances for Past years’
  • Past Years’ Testing and Vesting Reports
  • IRS Abatements
  • IRS Plan Exams or Audits
  • Other Services as Needed
 

Plan Document Amendments & Restatements

SPS provides employers with an IRS preapproved Plan Document along with compliant forms and notices. SPS can restate Plan Documents or amend the design of a Plan for an employer at a fair and affordable rate.
 

Lost Participant Location Services

Throughout a plan’s cycle, there may be times when separated employees must be located. SPS conducts the search and verifies that the required steps necessary to locate a participant have been satisfied.
 
 
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About Us

Steidle Pension Solutions, LLC is a national Third Party Administration firm providing 401(k), Profit Sharing, Cash Balance, Defined Benefit and 403(b) services since 1991. SPS specializes in the small to mid size plan market.

Contact Us

Head Quarters

1225 Route 31

Steidle Building C

Lebanon, NJ 08833

Phone: 908-236-0040 or

800-630-401k (4015)

 
 

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