BAC provides contract plan administration services for the following types of retirement plans:
  • Profit Sharing Plans
  • 401(k) Plans
  • Money Purchase Pension Plans
  • Cash Balance Plans
  • Target Benefit Pension Plans
  • Employee Stock Ownership Plans
  • Cross Tested Plans
  • Defined Benefit Plans
  • 403(b) Plans

Eligibility Determination
  • Determine which employees meet the eligibility requirements and the dates of entry

Contribution Determination

  • Calculate the maximum and/or required contribution to the plan for the plan year

Actuarial Services

  • Prepare annual valuation schedule B and FASB reports

Trust Reconciliation

  • Reconcile trust assets to determine investment rate return
  • Prepare statement of assets and statement of income and expenses for the plan year

Nondiscrimination Testing

  • Perform all required nondiscrimination tests
  • Provide clients with options to correct failed tests

Benefits Administration

  • Determine the amount of vested benefits and prepare election forms for all terminated participants
  • Prepare IRS form 1099R

Participant Reporting

  • Prepare benefit statements for participants

Government Reporting

  • Prepare government reports, 5500,  5500EZ, 1099R, and other reports as required or requested

For more information about Retirement Plans, email

Retirement Plans Brochure

Notice of Termination

Beneficiary Designation

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