Retirement Plan Administration & Consulting Resources
EisnerAmper retirement plan consultants work with business owners and employers to reduce their current taxes, increase their retirement savings and attract and retain their employees. Below are resources that can help guide your company throughout the process.
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Third Party Administration
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Retirement Benefit Plan Options
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Cash Balance Plans
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Cash Balance Plan FAQs
EisnerAmper Retirement Benefit Plan Options
What plan is right for you?
The chart below outlines the basic features of available plan options. Sometimes the optimal solution requires a combination of plans. Our Retirement Plan Consulting Group can review your situation and recommend the right plan design for your company.
PLAN OPTION | CONTRIBUTION LIMITS | ADVANTAGES | IDEAL PLAN SPONSOR |
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SIMPLIFIED EMPLOYEE PENSION (SEP) |
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SIMPLE PLAN |
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PROFIT SHARING PLAN |
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401(k) PROFIT SHARING PLAN |
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SAFE HARBOR 401(k) PROFIT SHARING PLAN |
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CASH BALANCE PLAN |
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EisnerAmper Cash Balance Plans
Cash balance plans are a solution for business owners looking to maximize retirement savings. A cash balance plan is a type of defined benefit plan that offers many advantages to employers. The easily understood benefit formulas and flexible plan design make it an ideal retirement plan to attract and retain top talent.
Cash Balance Plans
- Accelerate Savings, Maximize Tax Deductions
- Cash Balance Plans are Ideal for Employers:
- With partners or owners who want to contribute more than $66,000 to a retirement account
- With owners approaching retirement who want to accelerate savings
- Who want to increase current tax deductions
- Who have steady cash flows
When the proper care is taken during the plan design process, a cash balance plan is easily manageable with a firm such as EisnerAmper to administer your plan.
Working closely with your office staff, our plan administrators will provide you with careful and consistent attention to detail to facilitate the smooth operation of your plan functions, including:
- Plan design
- Plan documentation assistance
- Employee communication
Flexible Administration Models, Well-Crafted Designs
As a business owner, you are most likely looking for ways to accelerate retirement saving over the next several years. Consider the opportunities a well-crafted retirement plan can offer.
EisnerAmper designs retirement strategies aligned with your tax and savings goals. Using qualified plan design, and third-party administration expertise, we analyze the choices you have, focusing on least cost/highest savings potential options. Our technical administration and support services enhance smooth follow-through once your design is in place.
Choosing the Right Plan Options
Which of the following describe your retirement plan goals?
- To increase my tax-deductible contributions
- To reduce my current taxes
- To accelerate my retirement savings
- To retain my best employees
- To attract talented people
- Customized Plan Design
We take the time to understand your business and personal situation, based on employee demographics and salary mix.
Frequently, the optimal plan design blends multiple options to achieve tax and retirement savings goals. Listed below are some of the more popular plan options:
- 401(k) Plans
- Cash Balance Plans
- Profit Sharing Plans
- Defined Benefit Plans
- Third Party Administration
EisnerAmper specializes in third party administration.
Using a flexible service model and efficient processes, our team provides annual plan administration services to over 500 plans.
We Partner with Your Advisors
We work in close cooperation with your investment advisor, and others involved with the service of your plan, to streamline completion and delivery of your retirement plan.
Our Retirement Plan Consulting Philosophy
Our commitment to excellent client service is guaranteed by our service philosophy, that:
- Your situation receives thoughtful consideration
- Technical excellence is the backbone of our practice
- Comprehensive Expertise
EisnerAmper comprises actuaries and retirement plan professionals. We understand the regulatory complexities governing retirement plans, and can support you through the entire process of plan design and ongoing administration.