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

Plan Design

With IBS as your third party administrator, we work closely with you on planning and implementing your retirement plan.  This phase is crucial in developing a retirement plan that works toward your desired outcome, and includes the following:

  • Discovery of your plan goals and participant needs.
  • Collect data to analyze your current plan and offer recommendations on benefit and/or cost improvements.
  • Analysis of various benefit approaches for initial plan design.
  • Conference with you and your tax, investment, and other advisors to review the implemented plan and ensure your satisfaction.

We have extensive experience designing and administering 401(k) and Profit Sharing plans with the following options:

  • New Comparability and Social Security Integration
  • Safe Harbor
  • Automatic Enrollment
  • Roth 401(k)

With IBS 401(k) Administrators as your partner, you receive a comprehensive and objective approach to fully understand your needs and develop the most appropriate retirement plan for maximizing benefits.  We are dedicated to upholding our reputation of superior service and customized retirement plan solutions on a cost-effective basis.