DF Pensions Employee Directory

DF Pensions, Inc. is a third party administration firm that provides design, administration, and consulting services for qualified retirement plans. We specialize in plan designs for all types of businesses, including sole proprietors and partnerships including: Traditional Profit Sharing Plans Integrated Plans Age Weighted Plans New Comparability... (or "Cross-Tested") Plans 401(k) Plans Safe Harbor 401(k) Plans Defined Benefit Plans Cash Balance Plans Defined Benefit/Defined Contribution Combo Plans We believe that our clients are our most valuable asset. It is our mission to provide you with excellent service by working closely with you and your team of advisors to insure that your plan continues to meet your needs and stays in compliance. Why do you need a third party administrator? A qualified retirement plan is a powerful retirement and tax planning tool for employers. It allows you to make deductible contributions to a plan that provides valuable retirement benefits for yourself and your employees. But you can only take advantage of the tax savings if your plan remains "qualified". As an employer, when you decide to sponsor a qualified plan, you take on the responsibility of maintaining the plan's qualified status. Qualified plans fall under the jurisdiction of the IRS, Department of Labor (DoL), and in some cases, the Pension Benefit Guarantee Corporation (PBGC). The laws governing qualified plans span thousands of pages of Internal Revenue Code and ERISA Regulations. As a business owner, your time is spent running your business, not analyzing and keeping current with pension law. A Third Party Administrator (TPA) is an expert in the field of plan administration, and can be thought of as the plan's compliance department. The TPA monitors the plan and performs many of the annual tasks that you are responsible for including maintenance of the plan document, annual compliance testing, participant disclosures, and government reporting.Read More