Securities offered through Princor Financial Services Corp.
   Des Moines , IA 50392-2080    (800)247-1737  member SIPC,

Employee Census Form | Plan Comparison Chart | Simple IRA (American Funds Group) | 401K Plan

Improved employee relations and significant tax benefits can be obtained with retirement plans. The tax advantages include income tax deferrals on plan contributions and investment accumulations, company tax deductions on contributions, and favorable taxation on distributions.

The Employee Retirement Income Security Act (ERISA) and other laws have made these tax advantages possible. They also have placed various administrative duties on the plan sponsor.

Benefits Dynamics provides a complete range of retirement planning service including:

Plan Design

Benefits Dynamics will advise the client on:

• Cost effective eligibility requirements, and levels of contributions and benefits.

• Plan type ( ex. defined benefits, profit sharing, 401k, etc.)

• Funding method (invested, insured)

• Actuarial cost method

• Plan prototypes, adoption agreements, trust and insurance documents

• IRS tax qualification of the plan

Annual Plan Management

The yearly plan services include:

• Actual valuations to assure the plan is fully funded, considering such changes as new participants, increases in compensation, terminations, retirements, investments, inflation, etc.

• Recording contributions, investment earnings, forfeitures, account vestings, etc. according to the plan formula

• Preparing account/benefit statements

• preparing reporting and disclosure forms including 5500, PBGC and others with accompanying schedules

• Determining any PS5 costs for W2 reporting

Investment Services

• Designing an investment plan in accordance with client objectives

• Planning of a portfolio of mutual funds, and/or individual securities seeking growth, income, etc.

• Administering the trust including recording deposits of receipts from sakes, purchases of securities and funds, interest, dividends, etc.

• Receiving and verifying requests for benefit payouts.

• Providing monthly account statements indicating account balances, individual security/fund values, purchases and sales, interest and dividends.

Plan Communications

• Announcing the plan's adoption

• Summary annual reports (SARs)

• Summary plan descriptions (SPDs)

• Individualized benefit statements for plan participants

Paying Benefits to Participants

• Determining benefit amounts payable due to retirement, death, or other termination

• Advising as to alternative methods of payment, settlement options, or survivor benefits

• Preparing tax forms

Plan Review and Revision

• Performing annual reviews to assure compliance with recent tax court rulings, legislation, and changes in the plan's employee poputation

Individual Retirement Account (IRA)

• Design, administration and investment of IRAs.

401 K Plan Consulting

• Conducting of enrollment meeting

• Employee investment education seminars

• Coordination of employee 401 k retirement planning with their other financial planning

• Assistance with rollovers and transfers

• Explanation on loans and early withdrawal taxation

• Supplemental retirement planning including annuities and other programs

• Review of existing 401 K plan and recommendations on improvements and changes of current investment management company

• coordination 401 K retirement benefits with other company's profit sharing and retirement plans

Executive Compensation

• Consulting and brokerage of supplemental retirement programs

• advising on deferred compensation programs

• Assistance with executive life insurance programs including bonus, split dollar and key employee plans

• Administration and installation of executive annuity programs

• Advise and administration of executive stock related plans

Personnel Resources Consultants, Inc.