Forrestall, Galeano & Li, CPA, LLC, is a comprehensive Accounting, Consulting and Retirement Plan administration firm. Our expertise coupled with the utilization of nationally supported software makes it possible for the firm to provide a plan tailored to specific needs, while ensuring the highest standards of regulatory integrity. As a result, our clients can focus on their business rather than the complexities of maintaining a qualified retirement plan.
Forrestall, Galeano & Li sponsors Defined Contribution and Defined Benefit Volume Submitter plans. As your third party administrator, we can provide the following qualified retirement plan services:
Plan Implementation
Ø Plan Design.
Ø Preparation of Adoption Agreement, Plan and Trust Documents.
Ø Preparation of Summary Plan Description.
Ø Preparation of Corporate or Partnership Minutes.
Ø Preparation of Notice to Interested Parties.
Ø Preparation of Governmental Filings – as necessary.
Ongoing Services
Ø Plan Recordkeeping / Participant Statements.
Ø Allocation of Contributions, Forfeitures and Investment Gains /Losses.
Ø Determination of Eligibility and Highly Compensated Employees.
Ø Annual Employer Reports.
Ø Participant Distribution Services.
Governmental Compliance
Ø Continuous Review of Governing Law and Regulations.
Ø Design and Preparation of Plan Amendments and Restatements.
Ø Complete and Thorough Testing Regarding IRS Code Sections 401(a)(4),
401(k), 401(m), 410(b), 414(s), 415 and 416.
Ø Preparation of IRS Form 5500 and All Attending Schedules.
Ø Preparation of IRS Forms 945, 1099R and 1096.
Ø Support and Guidance Regarding Regulatory Inquiry and Audit.
We can assist you with your retirement plan needs. For a free consultation, please contact us and we'll setup a time to discuss your situation.
