758 W Fulton | Grand Rapids, MI 49504 | 616.774.9290 | 800.973.401k

Plan Administration

Rely on our retirement plan proficiency to eliminate your day-to-day concerns with plan administration.  Our goal is to minimize your time spent on the plan so you can focus on other important business responsibilities.
IBS 401(k) Administrators offers a high level of professional expertise committed to your plan.  Our level of commitment, training, and experience allows us to be proactive and responsive to our clients’ needs.
By working with IBS, you will enjoy the confidence of knowing that complicated issues of compliance are being completed professionally.  Our annual valuation and ongoing administrative services include the following:

    • Preparation and maintenance of plan document and summary plan description
    • Determination of employee eligibility and notification to client
    • Review participant allocations and contributions
    • Asset reconciliation
    • Provide individual participant statements, mailed to participants’ homes
    • Participant loan processing
    • Distribution assistance due to termination, death, disability, or retirement
    • Hardship distribution processing
    • Required minimum distribution calculations
    • QDRO distribution processing