Your organization's tax and business benefits are of first consideration in designing your retirement Plan(s). Discussions of specific business needs, budget restraints, and required benefit provisions are prioritized when customizing your new Plan or amending your existing Plan. The following steps are taken in designing a Qualified Plan:

· Examination of your business' employee and fiscal history, specific management objectives desired, incorporated policies required of each employee in the Plan, rank and file employee turnover, and projected employment status which might impact the Plan.
· Analysis of complete present employee census information, including historical data which might determine more positive benefit potential
· Free proposals and unlimited illustrations based on benefits you would like to see for your organization.
· Explanation of eligibility requirements, government required compliance tests, benefit formulas, distributions, vesting, and retirement dates.

Census fillable form, under 15 employees - click here
Census fillable form, over 15 employees - click here
Employer information report - click here
Qualified Retirement Plans flow chart - click here

Once your trust account and Plan is effective, Millennium offers expert annual administration of your plan and will be sure to obtain your desired level of contribution per year based on your organization's annual census and financial information. Annual adminstration functions include:

· Review of census information and trust reconciliation
· Government compliance tests including 402(g) limit, 410(b) coverage, 416 top-heavy determination, 401(a)(4) discrimination, 401(a)(26) plan benefit, 415(c) maximum contribution, 404 deduction amounts, catch-up contribution, and ADP tests
· Coordination with Plan auditors
· Preparation of IRS Form 5500 and required schedules