What And Who Is The Retirement Plan Sponsor?

Plan Sponsors

Coast Into a Stress-Free Plan

At My Benefits, we love to exercise a non-universal retirement plan approach – forget cookie-cutter. We strive to understand you and your company goals to design a unique plan that encompasses all aspects within your business.

Together, we will deliver an ideal employee experience revealing the value of the retirement plan benefit you provide.

Providing Solutions In All Stages

Whether you have large number of participant accounts, DB/DC combo, hybrid plans, self-directed brokerage accounts, pooled accounts, multiple entities, active in mergers and acquisitions – we bring it all together for you.

Start-up Plans

Launching Your Retirement Plan

We create custom retirement plans tailored to support your business needs. Think of us as the bridge to your retirement plan benefits.

Existing Plans

Propelling Plan Sponsors Forward

As your business grows or changes, so might the needs of your retirement plan. Let us drive you towards a proactive plan design.

Distressed Plans

Mending
Sick Plans

We are committed to being your ideal industry resource; equipped to respond to the most technical challenges. Expect accurate results, every time.

Plans We Administer

It’s never too late to start saving for retirement. Here are some of the plan designs we offer:

401(k) Plans
403(b) Plans
401(a) Plans
Safe Harbor Plans
Solo 401(k) Plans
Profit Sharing Plans
Money Purchase Plans
Defined Benefit Plans
Cash Balance Plans
Governmental 457(f) Plans
Non-Profit 457(f) Plans
Employee Stock Ownership Plans (ESOP)
Prevailing Wage Plans
Balance Forward Plans
Cross-tested Plans
Governmental 457(b) Plans
Multiple Employer Plans (MEP)
NonQualified Deferred Compensation Plans

A Worry-Free Way to 401(k) With ERISA 3(16)

Plan sponsors must take on considerable administrative responsibilities in order to comply with ERISA. This requires additional staff and unneeded liability. If elected, My Benefits can alleviate plan administration concerns through our wholly owned company, First Party Administrator, and become your ERISA 3(16) fiduciary.

Services We Take Over As First Party Administrator

Day-to-day operations of the plan
5500 preparation, review, signature and submission
Loan review, approval and processing
Distribution review, approval and processing

We Bring It All Together For You

Electing to have My Benefits as your First Party Administrator will ensure you have a full team of experts working behind the scenes to help you every step of the way.

Shift retirement plan risk, responsibility and burden from your organization to ours.

Ask Our Experts

Your retirement plan questions answered, in plain English, by an expert. Use the form below to ask our retirement plan experts your question.