Plan Design and Implementation

A properly designed retirement plan should include all tax and business efficiency benefits available to participants. We analyze your business objectives, tax and financial reporting requirements, and your employee base. For an existing plan, we review your current plan structure to identify and resolve any issues.

Once the plan is designed, or amended for efficiency, we can assist with plan implementation and employee communications to ensure a smooth transition and maximum participation.

Retirement Plan Design

Plan Administration

Success of any retirement plan depends on the experience of the administrator and the quality of the tools at their disposal. The combination of DataPath and Matrix Financial creates a platform that ensures a solid retirement plan from implementation through on-going plan management.

After implementation, we administer the plan by determining newly eligible participants, additional benefits, allocation of contributions, compliance testing, maintenance of plan records and communication.

Retirement Plan

Through DataPath 401K’s secure web portal, plan sponsors and participants have access to daily values, 24 hours a day, seven days a week. Based on the plan, you can limit or expand client transaction ability. And you can be sure all requests for information are dealt with quickly and efficiently with continuous audit recordkeeping.

Employee communication is essential for a successful plan. We communicate with specially designed presentations, tools and resources so your employees fully understand the investment choices available, including:

  • Enrollment presentations
  • Ongoing review sessions by investment advisor
  • Toll-free phone service for plan questions
  • Easy to read informational materials
  • Statements and newsletters