OUR SERVICES
What Distinguishes CDM From the Rest?
CDM services are performed and delivered based on the cornerstone of our service model: the Single-Point-of-Contact philosophy. Each step described below is carried out by your CDM Plan Consultant. Your Plan Consultant serves as your daily contact, plan administrator, and relationship manager. This particular service model offers clients a unique, consultative relationship that provides plan guidance based on the Plan Consultant's experience and familiarity with all aspects of the retirement program.
PLAN DESIGN & DOCUMENTATION
While CDM does provide a one-stop retirement plan solution through a full range of retirement plan options and support, we do not adhere to the "One Size Fits All" mentality when evaluating your organization's needs.
Our first step is to develop an understanding of each client's business and to discuss retirement plan objectives. By interviewing retirement plan decision makers and carefully reviewing any existing retirement plan documents, CDM can help retain the positive aspects of a plan while suggesting modifications that may make the plan more flexible, appropriate, and efficient. This process also allows CDM to demonstrate ways in which participation rates may be enhanced while maintaining plan compliance. CDM offers an IRS-approved prototype document, and can also accommodate individually-designed documents.
CDM offers a full range of retirement plan options including:
- 401(k)
- Safe Harbor
- Multiple Employer (PEO)
- Profit Sharing (Integrated & Non-Integrated)
- New Comparability / Age Weighted
- 403(b)
- Davis-Bacon
- Money Purchase Pension Plan
- Non-Qualified
- Taft-Hartley
- 457
- Self-Directed Accounts
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PLAN ADMINISTRATION
Your plan's experienced CDM Plan Consultant will know you and your employee base well while maintaining a thorough understanding of your plan and its ongoing administration. We understand you have a business to run -- to ensure that you and your staff have minimal involvement in the administration of your plan, your CDM Plan Consultant oversees and completes the following items:
- Compliance and non-discrimination testing
- Completion of Form 5500, including related schedules and forms
- Preparation of audit package (direct trustee services available)
- Maintenance of plan document in response to regulatory changes
- Preparation of customized administrative forms (hard copy and electronic)
- Access to plan sponsor reporting via the Internet
- Annual plan review and ongoing consulting
- Profit Sharing calculation, if applicable
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PARTICIPANT RECORD KEEPING
CDM uses Defined Contribution Clearing & Settlement (DCC&S), one of the most sophisticated mutual fund trading platforms available. This fully automated record keeping and mutual fund trading platform provides timely contribution processing and exchanges across fund families.
To maximize the accuracy and efficiency of your organization's retirement plan, CDM offers a broad range of record keeping services including:
- Daily valuation
- Timely distribution and loan processing
- Participant-directed exchanges with daily exchange capability
- Quarterly statements via regular or electronic mail
- Maintenance of vesting schedules
- Ability to assess fees pursuant to plan sponsor direction
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Asset Allocation Model Portfolios
There are a growing number of financial advisors and plan sponsors offering predetermined portfolios as a way to meet the needs of participants who seek a less complicated approach to investing.
Model asset allocation portfolios satisfy the need for asset allocation and diversification while eliminating the burden of participants having to allocate their retirement accounts among individual mutual funds. CDM's record keeping system accommodates these portfolios and permits account rebalancing based on a predetermined frequency.
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Convenient Account Access
Via the Internet
CDM's comprehensive account access website, www.AccessCDM.com, provides clients with flexible, detailed access to account information without a complicated navigation process. The website is divided into 3 distinct sections, each with its own advanced capabilities and resources: AccessPlanSponsor, AccessPlanParticipant, and AccessFinancialAdvisor. Some features of each are listed below:
AccessPlanSponsor
- Custom on-demand reporting
- Census editing
- Plan-wide messaging
- Participant account access (view only)
AccessPlanParticipant
- Personal total rate of return
- Statement and account summaries, on demand
- Loan and distribution status lookup
- Automatic account rebalancing
- Transactional capabilities
- Loan modeling
- Retirement calculator and links to educational resources
AccessFinancialAdvisor
Via the Telephone
Plan participants have access to CDM's automated Participant Service Center 24 hours a day, 7 days a week. The Service Center provides participants with automated balance, transaction, and loan modeling capabilities. Participants may opt out to speak with a call center professional between 9am and 5pm EST, Monday through Friday.
For demonstrations of account access capabilities via the Internet or telephone, please contact Chip Earle, Principal, at 800-539-6554 or at cearle@cdmretirement.com.
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To view a sample demonstration of how efficiently our plan participant account section works, please contact Chip Earle at 1-800-539-6554 or email at cearle@cdmretirement.com.
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