401K

Regency provides solutions for your employee benefits program through our 401k offering.

Our program eliminates 95% of the administration and fiduciary responsibilities of the employer. 

401(k) administration is a chore for any employer because, in most 401(k) programs, the administrative burden falls on the employer alone.

With our program, 95% of the administrative burden is removed from the employer and handled by our Third Party partner.

Under our program an employer has to do three (3) things:

1. Upload Payroll Files to Third Party
2. Monitor Third Party
3. Provide Year-end Data for Testing

These tasks are eliminated from the employer:

1. Signing & Filing of Form 5500
2. Employee Communications
3. 404(a)(5)
4. 404(c)
5. 408(b)(2)
6. Benefit Payments
7. Blackout Periods
8. Summary Plan Description
9. Document Requests
10. Legal Process
11. Retirement Plan Tax Issues
12. Pre-populated Year-end Questionnaire
13. Select & Monitor Investments
14. Menu Quarterly Investment Meetings
15. Spousal Consent
16. Filing of Form 8955
17. Error Correction
18. Rate Change Reports
19. Distribution Reports
20. Loan Reports
21. Eligibility Reports
22. QDRO Reports
23. 402(g) Limit Reports
24. Lost Earnings Calculations
25. Final Census
26. Trustee Duties
27. QDRO Determinations
28. Upload Payroll Files
29. Provide Year-end Data
30. Plan Design
31. Work w/ DOL or IRS for Issue Resolution

To get started, select a Quote button, below:

Or, for more information on this coverage please contact us.