Designed To Succeed With Quality Service From Dedicated Professionals

The Micro401k Program is committed to providing the latest in state-of-the-art recordkeeping technology. Our  recordkeeping system, known throughout the industry as the "standard of sophistication in defined contribution software", combined with our specialized talents and experience, allows us to significantly improve plan administrative services.

Our staff of professionals are uniquely qualified to advise you on your plan from both a legal standpoint and an objectives standpoint. And because today's systems could become obsolete very quickly, we constantly monitor advances in technology, and are prepared to use them for your benefit.

The Micro 401k recordkeeping and compliance services include:

A. Installation

• Prepare plan document for adoption
• Prepare Summary Plan Descriptions
• Prepare Fund Summaries
• Identify Investment Options
• Conduct employee enrollment meeting
• Submit plan for IRS approval

B. Ongoing Service

1. Auditing

• Audit all plan asset transactions each valuation date.
• Monitor 401k $10,500 deferral limit per participant.
• Monitor Internal Revenue Code limits under 415 and 416.
• Monitor Compliance with ADP and ACP limits on deferrals and matching contributions.

2. Administration

• Request information on valuation dates.
• Provide an accounting report as of each valuation date.
• Process distributions, loan paperwork, amortization schedules.
• Complete IRS Form 5500 and related schedules.
• Provide a seperate accounting for each investment fund.
• Provide a seperate accounting for each contribution account.

3. Consulting

• Establish procedures for effecient plan operation.
• Complete ADP and ACP tests on a projected ongoing basis throughout the plan year.
• Inform you of regulatory changes that affect your plan.
• Provide technical advice when requested.
• Monitor selected mutual fund investment options for performance, management changes and investment style.
• Provide toll-free access to a CFP for investment guidance for plan participants.

4. Quality Control

• Review employee census data and compare to data base.
• Review employee eligibility for plan compliance.

5. Record Keeping

• Provide daily valuation of each investment option.
• Provide toll-free and internet access to account balances, exchanges and changes.
• Inform you of exact proper benefit payments.
• Request missing employee census data to insure accuracy of statements.
• Allocate fund investment earnings among participants.
• Allocate contributions as requested.
• Provide a consolidated summary report on each valuation date.
• Provide employee benefit statements on valuation date.
• Calculate investment fund transfers on valuation date.
• Deliver summary statements and allocation reports.

The true value of the Micro401k is the personalized service each plan receives. You will be given one plan technician as your personal contact person to handle all your needs and keep your plan running smoothly.

The Micro 401k Program's recordkeeping system allows plan participants to exchange among investment options and redirect future contributions by phone or the internet. Our system is also fast and highly accurate, reporting current information, not history. Instead of having reports generated weeks or even months after the fact, our system reports on the present. It can tell you what an account is worth and what earnings are available today.

It is our mission to meet your needs and exceed your expectations. And, quite naturally, the rest of the industry will now undoubtedly try to follow suit.