Services
Your Plan, Built to Fit
We start by making sure your plan is designed around your goals and built the right way from the start. That includes keeping everything in line with IRS and Department of Labor rules, so you can feel confident your plan works for you, your team, and the future.
Review our specific services and understand how we can tailor your plan to fit your needs.
Plan Design and Set Up
We start by making sure your plan is built to meet your goals as well as IRS and DOL requirements.
The design of your retirement plan will begin with a series of questions. RSA creates plans by learning as much as possible about your business. Your history, current structure, and growth plans are all part of our initial research. RSA works to understand your business today and in the future. Our plans meet three essential criteria: respect for your business, your employees’ needs and government regulations.
The correct plan clearly outlines what is required to manage it. We look at a plan design as an ongoing effort. Our research yields a set of plan documents that outline plan details, including management requirements. We also expect changes in your business. We review plan documents with you annually and make changes as part of our plan design.
RSA realizes that developing and running your business requires focus. We identify what we will need from you in terms of checkpoints and attention throughout the year as part of our plan design.
-
Plan Design
Meet to understand your objectives
Run contribution projections
Prepare plan documents and SPD (Summary Plan Description
-
Plan Set Up
Help select the right vendors
Coordinate plan conversion
Support set up every step of the way
-
Plan Administration & Compliance
We help keep your plan on track and compliant with IRS and DOL rules while making sure it still aligns with your goals.
-
Administration
Clear action items to maintain government compliance
Optimize employer contributions
Review plan activity for consistency
Prepare all required filings and actuarial reports.
-
Compliance Testing
Full compliance testing package
ADP/ACP tests
Compliance
The IRS requires that many retirement plan sponsors be responsible for keeping a retirement plan compliant with rules and regulations. Plans must pass rigorous annual tests to ensure they remain in compliance. Our annual plan compliance review contrasts actual plan operation with original goals and objectives. RSA makes recommendations for any changes to keep the plan on track.
-
Ensure the distributions required for your participants are completed. Track the accuracy and timeliness of the participant's contributions.
-
Complete annual discrimination tests to ensure all employees are covered to meet IRS and DOL requirements. Allocate employer contributions.
-
Prepare and file annual IRS Form 5500, Form 8955-SSA, and Summary Annual Report. Provide assistance for the completion of the independent plan audit if required.
-
Coordinate with plan sponsor and recordkeeper to confirm all required annual contributions, distributions, and adjustments are appropriately completed.
KTrade & RSA
RSA partners with North American KTRADE Alliance, LLC (KTRADE), which offers a comprehensive, low-cost, high-quality, secure, and reliable internet-based recordkeeping service for retirement plans. Our combined services not only allow employers to provide their employees the ability to invest in a well-planned and executed retirement security program, but also provide a wealth of information and support to ensure a secure and comfortable retirement.
KTRADE has a unique team of Alliance Members located throughout the United States, designed to support both national reach and provide a local, high-touch service. Our ‘open architecture’ platform, an investment independent platform, offers access to a virtually unlimited list of investment options and some of the lowest fees in the industry, and full disclosure of all costs, providing unparalleled flexibility to our clients.
With our business partners, RSA and KTRADE craft custom-tailored retirement plan solutions to fit your unique business and your employees’ needs. It’s what we do. It’s all we do. This singular goal allows us to stay focused on what matters most – helping you and your employees plan, prepare, and execute a sound path to financial retirement security, demonstrating our unwavering commitment to your financial well-being.
You can count on the combined resources, expertise, experience, strength, and stability demonstrated by the RSA/KTRADE partnership.
Cash Balance/401(k) Combined Plans
Maximize Your Retirement Plan Funding Opportunity
Cash Balance plans continue to grow in popularity—and for good reason. They combine the higher contribution limits of a defined benefit plan with the flexibility and familiarity of defined contribution options like profit-sharing and 401(k) plans.
At RSA, we design Cash Balance and 401(k) plans that align with your organization’s goals, offering meaningful tax advantages, increased savings potential, and the ability to attract and retain top talent. Our team manages the complexities so your plan remains efficient, compliant, and strategically structured for long-term success.
These hybrid plans deliver the best of both worlds—flexibility for employers, security for employees, and a clear path toward stronger retirement outcomes.
Overview of Cash Balance Plans and 401(k) Plans
Both Cash Balance Plans and 401(k) Plans are employer-sponsored retirement options, but they operate differently. Here's a comparison of their key features:
Which is the most efficient Plan type? A plan combining a Cash Balance and 401(k) offers the greatest efficiencies.
Focus on your business.
We’ll focus on your future.
Let us know how we can help you with your retirement plan needs.
Retirement Solutions Advisors, LLC
| Chicago, IL |
Retirement Solutions Advisors, LLC | Chicago, IL |
Retirement Solutions Advisors, LLC
| Chicago, IL |
Retirement Solutions Advisors, LLC | Chicago, IL |