Employee Benefit Plans

KRP professionals have particular expertise in the development and administration of all types of retirement and benefit plans for business owners and their employees. We provide innovative solutions, efficient operation, as well as professional advice on issues of compliance and reporting requirements to both the IRS and Department of Labor.

We work with your investment advisor, your attorney and your accounting department to help you develop the best strategy for your business and your future goals. We work with each client to establish a unique plan to fit your individual goals. We can provide a variety of options to create a strong investment structure for future retirement or to create a competitive and flexible benefit plan to assist you in recruiting and retaining key employees.

Plan options can include:

  • 401(k)
  • Deferred Compensation Plans
  • Simple 401(k)
  • Flex/125 Plans
  • SEP - IRAs
  • Cross Tested Plans
  • 403(b)
  • Profit Sharing
  • Traditional and Roth IRAs
  • Money Purchase
  • Simple IRAs

Our services include, but are not limited to the following:

  • Plan Audit Services
  • Enrollment Assistance
  • Plan Design and Implementation
  • Distribution Processing
  • Plan Administration
  • Preparation of Form 5500
  • Recordkeeping and Compliance
  • Investment Advisory Services Through KRP Financial Services, L.L.C.
  • Third-Party Administration Services