We assist in consulting with Plan Sponsors to assure each plan is individually tailored to meet the client's objectives. To do so, our staff evaluates employer goals, demographics, budgets, and motivations for starting a retirement plan.
Our staff understands the balance between growing your business, and taking care of your employees' retirement needs. NWRPC takes great pride in serving more than 500 local, Pacific Northwest businesses!
In addition to our other retirement plan services, we offer actuarial expertise in Defined Benefit and Cash Balance plans. Though separate, when sponsored by the same employer, both plans must be combined when determining relevant contributions.
Moreover, we provide our services to other administration firms that do not have actuarial staff; and, this relationship is structured based on each firms' needs.
Retirement plans require compliance testing, contribution calculations, and governmental/participant reporting and disclosures on an annual basis. We provide such reviews, and recommend potential revisions as needed.
Our administration also includes record maintenance, governmental filings, and the preparation of employer and employee reports and statements.