Service Overview

The plan consulting service professionals at Bronfman Rothschild have been delivering personalized retirement plan services for over 35 years. Currently more than 500 clients nationwide trust us to guide them through design, implementation and administration of qualified retirement plans, including 401(k), profit sharing, new comparability, money purchase and 403(b) plans. They depend on our perspective and expertise to help them navigate the complex maze of retirement plan decisions and regulations.

Here are some critical questions you should ask about your retirement plan:

  • Are you certain that your retirement plan is operating in compliance with the plan document provisions?
  • Are you and other key employees limited in the amount you can save in your 401(k) plan due to poor participation by other employees?
  • Have you considered a safe harbor 401(k) plan that eliminates the ADP/ACP nondiscrimination test?
  • Are you performing proper discrimination testing to ensure that owners and officers are receiving their maximum benefit?

Prior to designing each plan, we assign a single point of contact, streamlining communication and enhancing accuracy. We ask the right questions about employer needs, goals, and objectives. Then we compile employee information and company data that will help determine the best plan design.

While many third-party administrators simply input raw data provided by their clients, our professionals double-check and reconcile all the information prior to performing annual testing. For example, we verify deposits for each participant, comparing what was deposited at the mutual fund company with your organization’s report of employee deferrals and employer match. We also track years of service and verify vesting for each participant based on actual hours worked, not depending on you to verify.

Once a plan has been designed and approved, we draft a complete plan and trust document. We then work with you to communicate with your employees, knowing that proper communication and enrollment of eligible employees directly impacts overall job satisfaction and productivity.

We can also assist with required testing and document design for other types of plans such as Simplified Employee Pension Plan (SEP), SIMPLE IRA, SIMPLE 401(k) and non-ERISA 403(b) plans to make sure the plans are complying with IRS Regulations and document provisions.

In addition to providing consulting and administration for qualified retirement plans, we also assist with the design and drafting of documents for welfare benefit plans.  We also can assist employers with required nondiscrimination testing for Section 125 cafeteria plans.

Read More About Retirement Plan Consulting

Meet our Plan Consultant Team