Services
Retirement Plan Administrative Services
- Plan design that meets the needs of the employer
- Application of rules and plan provisions determining elgibility for participation or benefits
- Preparation of annual trust accounting
- Preparation of employee communications material
- Maintenance of participants' service and the appropriate employment records
- Preparation of reports required by government agencies
- Calculation of participant benefits, and provide forms for processing of claims
- Advice to plan administrators of participants' account balances
- Prepare allocation reports concerning participants' account balances
- Keep plan sponsor aware of need to update documents to comply with legislative changes
Our commitment
In the pension administration field, it is imperative that we stay abreast with the current changes in the IRS Code and tax laws. Our employees have a commitment to stay informed and up to date with these changes by increasing their knowledge and sharpening their skills through continuing education in the area of qualified retirement plans.
Future plans
ERISA Services looks forward to the future as we continue to serve our current clients and enthusiastically accept new opportunities to help others reach their retirement plan goals by individually designing a plan with their specific needs in mind, all with the personal service and hometown feeling that we so proudly associate with our company.
| Contributions | 2011 | 2012 | |
| Defined Benefit Annual benefit limit |
$195,000 | $200,000 | |
| Defined Contribution Annual benefit limit |
$49,000 | $50,000 | |
| 401(k) Plan/403(b) Plan Maximum elective deferral |
$16,500 | $17,000 | |
| Catch-Up Contributions | $5,500 | $5,500 | |
| 457 Plan Dollar limitation |
$16,500 | $17,000 | |
| Simple Plan Maximum elective deferral |
$11,500 | $11,500 | |
| Simple Plan Catch-up Contributions | $2,500 | $2,500 | |
| Compensation | 2011 | 2012 | |
| Qualified plan Compensation limit |
$245,000 | $250,000 | |
| Highly compensated definition Compensation test |
$110,000 | $115,000 | |
| Key Employee/Officer | $160,000 | $165,000 | |
| Taxable wage base Social Security |
$106,800 | $110,100 | |
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ERISA Services, Inc.
Physical/UPS Shipping Address:
12748 Kingston Pike, Suite 203
Farragut, TN 37934
Mailing Address:
P.O. Box 24628
Knoxville, TN 37933
Phone: (865) 966-1225
FAX: (865) 966-6216
Email: frontdesk@erisaservices.com