Compliance and Plan Administration

One of the most time-consuming and confusing aspects of providing your employees with a retirement plan, is providing one that complies with all tax and pension laws. Then, keeping that plan in compliance as laws and regulations change. When you work with HSBC, we take care of these details and provide your company with:

• ADP/ACP and Aggregate Limitation
• Tests Maximum Annual Additions Test
• "Top Heavy" Testing
• All necessary tax forms

With regard to plan administration, we can provide you with the prototype plan documents and all necessary reporting needs, such as the:

• Summary Plan Description (SPD)
• Summary Annual Report (SAR)
• Investment Fund Accounting
• Signature-ready Form 5500

You always have access to an HSBC employee benefit specialist. This experienced professional will answer any questions you might have, and most importantly, give your company and your plan the personal attention it deserves.