We provide comprehensive defined contribution consulting, recordkeeping, administration, compliance and participant services for all types of defined contribution plans, from basic 401(k) to cross-tested profit sharing plans. We also service 403(b), 457, 401(a) and other types of plans. Our standard services include:
We work with plan sponsors to define the plan objectives, then tailor the plan design to achieve these goals. Our goal is to implement plans that work for our clients, not plans that are easy for us to administer.
Our close-contact, proactive approach results in efficient and customized solutions. We have deep experience in all aspects of plan design and compliance and know how to help clients achieve their goals.
Advanced Recordkeeping and Reporting:
Our process, technology and experience allow us to deliver timely and accurate recordkeeping and administration in both daily and balance forward environments.
Plan Sponsor Services:
We use an approach designed to provide exceptional levels of service and support for Plan Sponsors. We know what needs to be done across recordkeeping, daily trading, participant service, data feeds, compliance testing, reporting, government forms and all other aspects of plan operations. We do not wait to be told what to do and are pro-active in working with our clients to resolve anything causing issues with the plan.
We are responsible for preparing all required participant notifications. For more information on our Participant Services, Click Here
Communication and Education:
CDM works closely with all clients in order to provide the right levels of communication and education depending on goals, budgets and workforce. Communications include quarterly participant statements, enrollment books, plan and fund highlight brochures, and required participant notices.
CDM is an independent firm and has no partnerships with mutual fund or insurance companies. We have no investment requirements. We currently work with two major trust companies and offer over 28,000 mutual funds on our system. We also provide recordkeeping services for self-directed brokerage accounts and model portfolios.
Technical Guidance and Compliance:
We are committed to ensuring that our clients fulfill all regulatory requirements. We do not wait for our clients to tell us what to do, but instead work with each client to develop an annual compliance plan encompassing all required testing and limits.
For more on Compliance Testing and Administration, Click Here
Preparation of Required Government Filings:
We prepare signature ready forms and notices including:
- Form 5500 and supporting schedules
- 1099R and Form 945
- Summary Annual Reports
- Fee disclosures
- Required participant notices