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403(b) Plan Administration

Administrative Services

Organizations that sponsor ERISA 403(b) plans are required to comply with ERISA reporting, disclosure, fiduciary, and other provisions within the jurisdiction of the U.S. Department of Labor. We’re dedicated to helping clients establish and manage tax-qualified retirement plans, such as 403(b) plans, in compliance with IRS and DOL laws and guidelines.


Stay on Track

  • Review and document participants and contributions for all contracts: active, inactive, and frozen. This information will be required for the DOL Form 5500.
  • Review exchange and transfer arrangements.
  • Determine action steps related to active and/or frozen plans. If applicable, see the U.S. Department of Labor’s rules and regulations regarding plan terminations, including specific wording for notices to participants.
  • Determine how assets will be distributed from terminated plans: direct rollovers to IRAs, qualified plans, other 403(b) plans, or governmental 457(b) plans; fully paid-up annuity contracts; cash distributions; or other methods.
  • Determine retirement plan vendors: financial professional; asset provider; third-party administrator (TPA).
  • Establish a written plan document.
  • Document Information Sharing Agreements (ISAs) with vendors.
  • Establish the new/restated plan.

Timely services for ERISA 403(b) plan sponsors

  • Plan establishment
  • Plan document – Preparation and maintenance of an operationally compliant document
  • Non-discrimination compliance testing
  • DOL Form 5500 – Full, annual financial account of all plan assets including outstanding loans; fees disclosed in Schedule C

Other important services:

  • Point of sale assistance
  • Plan design
  • Plan administration
  • Daily valuation and recordkeeping
  • Consultation