Services
 

Lindsey Pension Corporation provides “turn-key” administration.  From the start, we help determine your unique goals, collect initial data and create a plan design to meet those goals.  We then prepare the legal documentation required and provide a signature ready document along with instructions for employee communication. 

The continuing administration services we provide are extensive, but vary dramatically depending on the type of plan. Whether it involves preparation of 401(k) statements, or trust tax returns, you'll find our reporting timely, accurate and easy to understand.  Meetings with participants are a critical aspect of our service.  Promoting employee understanding and appreciation of the benefits provided is important to the success of any benefit plan.  Our clients work with a personal consultant who will provide ongoing support, expertise and service.  It is our goal to make the plan’s administration as effortless as possible while at the same time monitoring our clients’ objectives and ensuring that the current plan design is dynamic and changes with the varying needs of your business.

We maintain full records in our office with summary information provided to the employer and/or plan trustee. All computer media, plan data and specifications are also frequently updated and stored off-site to protect against catastrophic data loss.
  Plan Takeovers
 
LPC will provide the Employer with the Initial Plan Document, Resolutions and required Amendments.  If needed, the Summary Plan Description will also be provided.  If a Plan is in existence in a takeover situation, LPC will review the existing documentation.  Following such review, LPC will provide the Employer with recommendations for additional required services, if any, together with an estimate of the cost for such additional services. The "Takeover or Initial Plan Set-Up" shall not include an audit of the Plan and shall not be construed to mean that LPC, upon acceptance of such plan, has rendered a favorable opinion regarding any prior Plan year of operation or compliance.
  New Plans
 

For new plans, we will annually determine from the employee and trust data provided by the employer the employee eligibility, participant vesting percentages participant benefits and/or plan allocations, the plan valuation, forfeiture values and plan contributions.

In addition, we will prepare annual participant benefit statements, unless provided by the investment provider.

Also, we annually perform plan coverage and non-discrimination testing for IRC Sections 401 (k), 401(m), 401(a) (4),  401(a) (26) and 410(b). 

We will complete the PBGC forms and the premium calculation, where required.

We provide for the employer to disseminate to terminated participant plan benefit amounts, distribution options, and general distribution and income tax information.

We will complete the plan's governmental forms (5500, 5500C/R, 5500EZ, etc.) including appropriate Schedules, and Summary Annual reports.

We obtain actuarial certification from an independent actuary, when required.

We perform trust reconciliation on an hourly basis when required by the terms of the plan or upon request or when incomplete or inaccurate trust data is provided by the employer.

We coordinate plan benefits, allocations, funding and annual governmental reporting requirements among members of employer's controlled group and/or affiliated service group.  "Affiliated Service Group" or "Controlled Group" shall mean the business entity or entities disclosed to LPC by the employer as being member organizations thereof.  Making the above controlled or affiliated service group determination shall be the  sole responsibility of the employer.

 We also, upon the request of the employer, assist with IRS, Department of Labor, and PBGC Plan audits.
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Contact Us
Advisors and Agents
1980 Orange Tree Lane | Suite 107 | Redlands CA 92374
Phone: 909-335-6806