Retirement Plan Services - Our Processes

At Tegra, we believe that expertise, objectivity, and transparency are critical components to good service – and good fiduciary practices. Our philosophy of providing a "boutique" service at a competitive price requires that we view each client and plan as an individual.

Our consulting services include plan feasibility analysis, plan design recommendations, plan document preparation and on-going support, assistance with Department of Labor or Internal Revenue Service issues, fiduciary consulting, and ERISA compliance, to mention only a few. Our business model requires that our consultants, administrators, and actuaries be highly trained and proficient in the laws and regulations governing retirement plans. Our staff routinely participates in a number of retirement plan professional organizations, including the American Society of Pension Professionals and Actuaries (ASPPA) including active participation in the ASPPA Government Affairs Committee. This constant flow of information from a variety of sources ensures that our clients receive the most up-to-date advice available.

Our third-party administration (TPA) services are designed to simplify the administration process for our clients. Each of our clients is assigned to one primary and experienced administrator who will be responsible for supporting their plans. This one-on-one relationship ensures that our clients have easy access to someone who is familiar with their company, their retirement plans, their goals, and their needs.

Our TPA services include:

• New plan installation
• Plan asset “trust” accounting
• Determination of participant eligibility, plan entry, and vesting
• Preparation of non-discrimination/compliance testing
• Processing of participant loans, distributions, or hardship withdrawals
• Preparation of Plan-level reports
• Preparation of participant statements
• Preparation of the Summary Annual Report
• Preparation of a signature-ready IRS/DOL Form 5500 and related form
• Preparation of IRS Forms 945, 1099-R, and/or 1096
• Technical support regarding plan compliance issues

As a TPA, we provide services to plans with a variety of investment structures and platform providers. Whether the plan assets are Trustee-directed, or participant directed using a third-party recordkeeping platform (such as John Hancock, Nationwide Financial, ING, or Invesmart) or Tegra’s open-architecture recordkeeping system, Tegra is able to provide attentive service. Indeed, Tegra can even assist Plan Sponsors with the administration of non-traditional investments such as real estate, limited partnerships, private notes, or closely held stock.

As a recordkeeper, Tegra offers an open-architecture platform with access to over 8,000 no-load, no-transaction fee mutual funds. Tegra fully discloses 100% of the revenue sharing we may receive on client assets, and we return all of that revenue to our clients. As a result, we are able to offer our clients services at competitive and fully-disclosed rates. With 24-hour account access, participants and plan sponsors can easily review up-to-date information on their retirement plan accounts at any time.

Our actuarial services include full-service defined benefit plan administration and consulting. Defined benefit plans can offer incredible benefits to small business owners seeking to make large, annual tax-deferred contributions and we have helped hundreds of employers design and implement defined benefit plans that meet their goals. Our actuaries provide all of the necessary on-going support to maintain a healthy defined benefit program over time.

Insurance products and programs offered through HA&W Risk Management, LLC. Securities offered through Securities America, Inc. Member NASD/SIPC. Shane Austin, Nick Bhandari, Lisa Schiffer, Chris Wynne, Registered Representatives. Advisory services offered through HA&W Wealth Management, LLC. HA&W Wealth Management LLC and TEGRA Financial Partners are not affiliated with Securities America, Inc.