TPA SERVICES

Scope of Services

• Plan Design Consultation
• Plan Document preparation and maintenance. Includes prototype plan, adoption agreement, summary plan description and amendments.
• Direct import from recordkeeper into Datair Recordkeeping system. We have the ability to import and export data directly between us and the daily recordkeeper which provides for better accuracy and efficiency in sharing data.
• Census Analysis. We can provide services in reviewing participant data for eligibility, service, vesting and more.
• Vesting Administration. Quarterly review of service and hours for processing and reporting.
• Participant Loan Administration. Participant level loan processing, administration and ongoing maintenance.
• Participant Withdrawal and Distribution Administration. Participant level processing of hardship and in-service withdrawals in addition to termination distribution requests.
• Reporting and Participant Statements. We provide quarterly or annual plan valuations and participant statements. We can also provide services for contribution calculations and allocations when needed.
• Annual Discrimination Testing. Full annual testing package and year-end allocation or refund processing.
• Annual Form 5500 filing. Signature-ready year-end government filing with attachments and Summary Annual Report.

We'll work with the plan's accountant and/or auditors to make the annual audit more efficient.

We use the Datair Recordkeeping System, Document System and Reporting System. This allows all areas to be linked and share data automatically creating more efficiency.

Datair has also established synchronization with most daily valuation recordkeepers to download data directly to us to save us time and eliminate the potential for errors.

‍