Expert Reporting and Record keeping for ESOPs and 401(k) Plans
As an HR administrator, you are continually challenged to address a range of compliance requirements. Some of the most complex likely pertain to your company’s Employee Stock Ownership Plan (ESOP) and/or its 401(k) plan and the need to keep your plan on track. If you are seeking an experienced partner to help you navigate the complexity of plan administration from handling day-to-day inquiries to producing participant statements and preparing annual filings turn to SES Advisors.
We offer a team of compliance experts with years of specialized experience in ESOP and 401(k) administration. Our online administration tool, ESOP Navigator, streamlines and automates many of the core activities and communications pertaining to ESOP plan administration.
Our administration services cover all core record keeping and reporting requirements including individual participant record keeping, preparation of Forms 5500 and 1099-R, Internal Revenue Code compliance testing, trust accounting and combined plan testing. In addition, our administration services are backed by SES Advisors integrated team of legal, finance, banking, tax and ERISA experts. We can also serve as your trusted advisor in understanding and addressing ongoing regulatory changes, identifying opportunities to improve efficiency and performance, and communicating plan details and benefits to employees.