Actuarial and Administrative Services
ADS provides complete plan level actuarial and defined benefit plan administrative services that utilize the most recent technical information and systems technologies available. We strive to provide efficient, accurate and timely services to the plan sponsor and participants. Our goal is to provide meaningful information to management which can, it turn, be used as an effective business tool.
Our services include:
General
• Plan Installation and Design
• Reconciliation of census information and maintenance of employee data
• Annual reconciliation of Trust assets, asset portfolio and investment performance
Actuarial Valuation and Certification
• Determination of annual minimum funding requirements, as required by ERISA
• Determination of fiscal year end disclosure information in accordance with Financial Account Standards Board No. 87, 88 and 132
• Determination of maximum deductible contributions
• Preparation of Pension Benefit Guaranty Corporation (PBGC) annual premium
Plan Documents
• Plan Amendments
• Prototype and volume submitter plan restatements
• Preparation of IRS determination letter applications
Participant Services
• Preparation of periodic benefit statements of accumulated and projected retirement benefits for all participants
• Determination of benefit amounts and optional forms of benefit payment upon a participant’s distributable event
• Preparation of distribution information packets for benefit eligible participants; including election forms and tax notices
Reporting and Compliance
• Preparation of IRS Form 5500 and attachments
• Certification of Actuarial Information, Form 5500, Schedule B and Preparation of Summary Annual Reports for Participants
• Annual plan nondiscrimination, top heavy, and contribution testing