Plan Design
  Plan design is the first step and most essential task in the creation and operation of a qualified plan. Documents must be drawn up with specifications that are tailored to meet the individual client's objectives. This legal document creates a qualified retirement program and directs its operation.
The plan and trust is divided into two sections: Plan Provisions, and Trust Provisions. The Plan Provisions relate to the plan's operation and administration (including eligibility requirements, allocation of contributions, plan and participant termination procedures, etc.). The Trust Provisions explain the procedures of providing for and administering of the trust fund; this includes instructions for handling assets after they have been presented to the trustee, the types of investments allowed, the accounting of trust assets, and the authorization to direct the funds held under the trust.

Plan Set Up
  Steps for Setting Up a Qualified Plan
1. Establishment of a plan file with all records (past, present and future) and communications pertaining to the plan.
2. Preparation of successor administrator's acceptance documents for employer's signature (for plans transferring to RPR).
3. Design of a computer file for the on-going plan administration and reporting to the IRS, the Department of Labor (DOL) and the PBGC.
4. Completion of the IRS submission for plan qualification and its transmittal to the employer. Upon return of the signed materials for submission, a review is performed and if appropriate, the package is submitted to the IRS.

Plan Administration
  Our staff spends many hours researching new federal and state legislation, interpretations and regulations. They scrutinize all available data for information which can benefit our plan sponsors, or warn them of possible problems. Our experienced administrators keep clients informed of the most current issues affecting their plans.
RPR has trained employees who are familiar with each facet of the plan document and its relationship to the trust. Listed below are the services performed by this group.
1. Determine actuarial assumptions, equivalents and methods used in the annual administration of your plan.
2. Complete actuarial valuation to determine costs for defined benefit pension plans.
3. Determine annual contributions to defined contribution pension plans.
4. Prepare an annual record of contribution and investment income allocation for each participant.
5. Process contribution adjustments resulting from status changes.
6. Calculate participants' benefits and prepare required distribution forms in the case of terminated employees.
7. Administer the distribution of benefits for retired employees.
8.Issue the plan's annual benefit statements for each participant.
9. Accumulate trust, plan, and employer information to prepare the annual plan filings for the Internal Revenue Service and the PBGC.
10. Prepare Summary Annual Report, containing information extracted from Form 5500.
11. Answer all questions pertaining to the administration of the qualified plans.

Consulting Time and Charges
  The following are areas which normally require consulting services and are billed on a time and charges basis:

1. Retirement Plan Redesign
2. Retirement Program Documentation
3. Plan and Participant Terminations
4. Termination Calculations
5. Retirement Plan Loan Programs
6. Non-Pension Related Actuarial Consulting
7. Consulting with Clients and Their Advisors
8. Employee Enrollments
9. Feasibility Studies
10. IRS Audits
11. Employee Manuals
12. Employee Benefit Plans
13. Seminars - Client and Continuing Professional Education

Schedule of fees
  Trust Record Keeping:
Trust record keeping of the assets of the plan. A plan valuation will be presented to the trustee for approval before the IRS filing is completed. The charge for this service is $175 per hour (1 hour minimum).
  Profit Sharing Plans:
Setup fee of $450, documentation fee of $575, annual administration fee of $850 plus a $35 per participant charge.
  401(k)Plans:
Setup fee of $650, documentation fee of $575, annual administration fee of $1200-$1600 plus a $35 per participant charge.
  Money Purchase Plans:
Setup fee of $450, documentation fee of $575, annual administration fee of $850 plus a $35 per participant charge.
  Target Benefit Plans:
Setup fee of $550, documentation fee of $575, annual administration fee of $950 plus a $35 per participant charge.
  Age-weighted Plans:
Setup fee of $350, documentation fee of $2500, annual administration fee of $1100 plus a $35 per participant charge.
  Defined Benefit Plans:
Setup fee of $650, documentation fee of $650, annual administration fee of $950-$1200 plus a $50 per participant charge. If PBGC filings are required, they will be billed separately.

All fees are billed semi-annually.