Pension Plan Administration - 401k, Form 5500, Compliance Testing

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Pension Plan Administration

By the nature of its business, the pension plan administration is time and people intensive. The seasonality of certain critical processes, such as Form 5500 and Compliance Testing, poses immense challenge to TPAs and Plan Providers.

Congruent Solutions helps TPAs and Plan Providers not only manage the resources for seasonal work but also provide cost savings of upto 30-50%.

Congruent Solutions is ISO 9001:2008 certified for Pension Plan Administration (401k) services. Its delivery centre based in Chennai, India, offers a secure and robust infrastructure.

Congruent has experience in handling processes in both Defined Contribution and Defined Benefits space.

What we offer?

With its delivery centre in Chennai, India, we offer a comprehensive service portfolio and handle almost the entire set of processes:

Defined Contribution	Defined Benefits
Plan Restatement Census Data Management Processing Payroll Contribution Distribution Rollover Loan QDRO Compliance/Non-Discrimination Testing Form 5500 Reporting Trust Accounting & Reconciliation Form 1099	FAS 158 Funding Valuation Employee Benefit Calculations Employer contribution determination Actuarial Valuation of Trust Assets Beneficiary Forms Form 5500 Reporting - statutory returns filed with IRS Trust Accounting Plan design