Retirement Programming Ltd

Retirement Plan Administration & Consulting for Small Businesses since 1975

Financial consultant in Riverhead, NY (show on map)

Retirement Programming Ltd. offers tailored retirement plans for small businesses, including 401(k), safe harbor 401(k), profit sharing, and defined benefit plans, with compliance and administrative services.

Call (631) 727-3631

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About

Retirement Programming Ltd. is a Qualified Retirement Plan Administration and Consulting Firm located on the East End of Long Island. Our specialties include 401(k) / safe harbor 401(k), Profit Sharing and Defined Benefit plans.

This includes combination and cross testing of different plan types relevant to plan design, implementation, administration and consulting of qualified retirement plans for the small Business Owner (Less than 100 employees). We are more than just a Third Party Administration firm. We take pride in our ability to communicate effectively with you and your other Advisors to recommend the best possible plan design based on all aspects and operation of your business. We dedicate ourselves to your current and future needs and maintain a constant dialogue regarding the compliance of your plan. We consistently communicate the applicable requirements that you, as the Plan Sponsor, are required to execute so as to ensure that the Plan operates in accordance with the Plan Document and Regulations. We are always accessible to assist with all aspects of maintaining your qualified retirement plan.

Exemplary service

Creative plan design

Compliance and administrative services

Personalized client focus

Services

Retirement Plan Design

Discuss goals, objectives, employee data, and demographics to determine the best plan design, offering cutting-edge plan design to maximize Owner benefits as allowed by Regulations.

Goal assessment Plan scenario analysis Collaboration with Accountant and Financial Advisors

Retirement Plan Implementation

Establish the plan via Volume Submitter and Trust Documents, Standardized / Non-Standardized Adoption Agreements, and prepare employee disclosure notifications.

Plan document preparation Employee disclosure notifications Safe harbor notices

Retirement Plan Administration

Annual review of plan performance, employee record updates, eligibility and contribution tracking, testing, and compliance reporting.

Employee record updates Eligibility and contribution tracking Applicable coverage and non-discrimination tests Annual valuation reports

Consulting Services

Provide consulting to assist clients with plan design changes, economic impacts, employee criteria, demographics, ownership changes, and compliance.

Plan design changes Economic impact analysis Employee criteria and demographics review Compliance guidance

Credentials & Certifications

Certified Pension Consultant (CPC)

Since 1982

Qualified Pension Administrator (QPA)

Since 1982

Life, Health, Series 6 & Series 63 licenses

Since 1982

Frequently Asked Questions

What is a Third Party Administrator? +

A Third Party Administrator (TPA) administers qualified retirement plans for business owners, assisting with plan design, preparation of the Plan Document, annual administration, testing, filing forms, and providing consulting services.

What is a QDRO? +

A Qualified Domestic Relations Order (QDRO) is a court-approved judgment that determines the Alternate Payee's rights to receive benefits from the plan, specifying the portion of the benefit and timing.

Why must a Qualified Plan be Restated? +

The IRS requires a plan to be restated every five to six years to maintain its tax-qualified status, ensuring compliance with current regulations.

When can a terminated participant receive distribution of their benefit from the plan? +

The Plan Document states the earliest date a terminated participant may receive their benefit, requiring completion of distribution election statements and receipt of applicable Tax Notice.

By when must Employer contributions be deposited into the plan to avoid penalty? +

Employer contributions must be deposited by the due date for filing the business tax return, including extensions, generally the following Monday if the due date falls on a weekend. Defined Benefit Plans must be funded within 8 1/2 months after the plan year close, with no extensions beyond this period.

When must Employee 401(k) deferral contributions and loan repayments be deposited into the plan? +

Employee contributions and loan repayments must be deposited as soon as reasonably segregated but no later than the 15th business day of the following month, with a safe harbor date of 7 business days after withholding.

What is the due date for filing the 55 00 forms with the DOL? +

55 00 forms must be electronically filed by the end of the 7th month following the plan year end. If an extension is requested via Form 55 58, filing is due 9 1/2 months after plan year end.