Would you tell our readers about the services that Ampers Pension Services Group offers to clients?
Wasser: Primarily, we provide auditing and consulting services for defined contribution plans, defined benefit plans and health and welfare plans. Generally, the Department of Labor requires certain plans, depending on their size, to engage an independent certified public accountant to conduct an audit as part of the plan’s annual Form 5500 filing. Through our consulting services we advise plan sponsors on a host of problems that they may uncover with their plans. For example, a plan may not deposit employee deferrals on time, they may not comply with plan document requirements, or they may not include all eligible employees in their plans. It is important for companies to become compliant in these areas, regardless of the amount of time they have been out of compliance, and our team works with them during this process. Editor: How does Amper assist plan sponsors in fulfilling their fiduciary responsibilities as retirement plan sponsors? Wasser: Everyone became much more concerned with
