Turnkey Administration

A well-managed retirement plan requires seamless administration. At Omega Pensions, we take the burden of plan administration off your shoulders, working to ensuring everything runs smoothly while staying fully compliant.

We work collaboratively with clients to design effective plans tailored to their specific goals. From plan setup to daily operations, our experienced team handles all the complexities, so you can focus on your business and your employees' futures.

How We Help

• Serve as a single point of contact for all administrative needs
• Maintain accurate historical data for the plan
• Review census data and monitor employee eligibility
• Calculate vested benefits and allocate annual profit-sharing contributions
• Perform Safe Harbor annual calculations
• Maintain and update the Plan Document
• Conduct critical compliance testing:
  • ADP & ACP testing of contributions
  • Annual additions, top-heavy, and coverage testing
• Prepare and electronically file Form 5500 and related schedules
• Produce and distribute Summary Annual Reports
• Administer participant loans and distributions

At Omega Pensions, our proactive approach to administration is designed to ensure your retirement plan is efficient, compliant, and built to meet the evolving needs of your organization and its participants.

You focus on your business—we’ll handle the details.