| 401kBrokers.com, is located at 1205 Prospect Street, Suite 400, in La
Jolla, California, 92037, and is the parent company of 401kAdministrators.com, a
Third Party Administrator, ("TPA") for 401k plans.
401kBrokers.com markets the
Third Party Administrator ("TPA") service of its wholly owned subsidiary,
401kAdministrators.com.
401kAdministrators.com
provides
IRS approved enabling pension trust documents and an online
record keeping software as a service, (a "Management Reporting
System 401k") perhaps better known as
MRS401k.com (Mrs401k.com
resolves to our secure and encrypted website,
https://401kinfocentral.com).
Human Resources
("HR") Departments, Payroll services, CPA's, Financial Advisors
and Fee only Planners, 401k Plan Administrators, Third Party
Administrators ("TPA's"), Plan Trustees, Employers and the
Self-employed, all use the
mrs401k.com online record keeping application to manage
their 401k plans.
With our online
401k management reporting and record keeping system, users
easily record contribution transactions such as type of 401k
contribution (employee salary deferral, matching contributions,
profit sharing, loan repayment etc..) along with the amount and
date.
Users also easily
record distribution transactions such as In-service
distributions, Qualified rollovers, Early withdrawals, with and
without exception, Loans, Hardship withdrawals, etc...) along
with the amount and date.
Users also store
plan documents in a secure online file cabinet, have access to
and obtain employee enrollment notices, forms and instructions,
generate loan applications and loan promissory notes, and keep
employee census information up to date.
Testing and
compliance for the plan in many cases is automated in real time,
so you can see where your plan is at any time by keeping all the
requisite information in
mrs401k.com up to date.
You can search and
filter the data on any field and order the columns by clicking
on the column headings.
You can generate a
wide variety of 401k reports at mrs401k.com including:
-
Administrative fees paid and owed
- Catch up
contributions
- Current and
historical account balances
- Current loan
availability
- Discretionary
profit sharing contributions.
- Employee id
numbers
- Employee ages
and dates of birth
- Employee
dates of hire
- Employees
length of service
- Employees
dates of eligibility
- Highly
compensated employees
- Matching
contributions made
- Matching
contributions owed
- Non Highly
Compensated Employees
- (Based on
user census input, mrs401k.com automatically determines who
is a "Highly Compensated Employee" and who is a "Non-Highly
Compensated Employee" and treats them accordingly for
testing and compliance purposes.)
- Key Employee
- Non-Key
Employees
- (Based on
user census input, automatically determines who is a "Key
Employee" and who is a "Non-Key Employee" and treats them
accordingly for testing and compliance purposes.)
- Outstanding
loan balances.
- Pension
Benefit Statements (Required by Federal Law and sent by
email to your employees by mrs401k.com at the touch of a
button).
- Request
1099R's be prepared and electronically filed with the IRS
for your plan (no additional charge)
- Salary
deferral contributions, pre-tax
- Salary
deferral contributions, ROTH
- Vested and
unvested account balances
- Worksheet for
Form 5500 and 5500EZ
- Yearly hours
worked by employee
- Search and
filter 401k Contributions and Distributions on any field (by
employee, by date, by type by amount, etc.) and re-order the
columns as you wish.
401kBrokers.com can be telephoned at 800-474-3826 and can be emailed at
info@401kBrokers.com. |
|