Provided by your plan administration partner:
ADP Testing can avoid deferral refunds
Key Points:
- Your Plan is subject to annual deferral percentage testing (ADP).
- Each year we offer the opportunity to pre-test the plan to help you make the best choices for passing this test. This test is optional – if you passed last year you can decline to test.
- In addition, if testing shows a significant need for either an Employer contribution or refunds to HCE's, this is the perfect time to consider amending your plan to a Safe Harbor for year 2010.
- Our fee for this service is a flat $300 plus $1per employee in excess of 50 employees, billed on your December quarterly invoice.
Action:
- Hit reply and type "Received" in the email body to avoid a follow up letter by postal mail
- View the ADP Notice, by clicking here. If you wish to return data for testing, click here to get the Excel spreadsheet that you will need.
- If you are interested in Safe Harbor options, ask Customer Service for Plan Design or call 858-218-3440 for Safe Harbor design options.
Reach Meghann or David, your Customer Service Representatives at 858-748-6500 with questions
Plan Design 858-218-3440
Contact Us
In this Announcement:
Offer for Preliminary Non- Discrimination (ADP) Testing
Quick Links...
Innovative Pension
14251 Danielson Street
Poway, CA 92064
For Assistance,
Call Customer Service: 1.800.98PENSION
or email helpdesk