Retirement Plan Design
Whether it is a new or restructured retirement program you are seeking, we will work closely with you and your financial and investment advisors to ensure that the particular retirement program designed for you meets your financial objectives. WPG will explore a full range of design alternatives to determine whether a defined contribution, defined benefit or a combination of plan types best suits your needs, and whether a new comparability, or carve-out design is appropriate. WPG often designs plans that skew contributions and benefits in favor of the business owners, all within the legal framework of the pension law. Quite often, optimal plan design involves the pairing of plans, such as a cross-tested profit sharing plan with a 401(k) plan and a cash balance pension plan. It is not unusual for WPG to design plans under which the business owners derive as much as 80-95% of the contributions to and tax benefits afforded by the Plan. We also design plans to serve as an important recruiting and retention tool for valued key employees.
Plan Implementation
Once the design process is completed, our experienced staff, in conjunction with WLG prepares all of the legal documentation necessary to implement the plan and to secure a determination letter from IRS. WPG also plays an active role in the presentation and communication of a new or newly structured or redesigned retirement program to plan participants.
Summary of Design & Consulting Services
  • Customized Safe & Non-Safe Harbor Plans
  • Feasibility Studies/Proposals
  • Cost Analysis
  • Actuarial Services
  • Specially Designed Benefit Packages for Desired Individuals
  • Non-Qualified Benefit Plan Design for Key Employees
  • Plan Installation & IRS Qualification
Plan Design & Implementation
Plan Administration
Legal Services
IRS & DOL Voluntary Correction
Estate & Income Tax Analysis
Investment Services