Hembree TPA, Inc. Services

Hembree TPA, Inc.

Third Party Administrators

Services
A brief description of the plans we service:
Profit Sharing Plans Discretionary & flexible Employer contributions allocated pro-rata based on employees' compensation Vesting schedule Loans available	Traditional §401(k) Plans Employee contributions Discretionary or fixed Employer contributions Matching and/or profit sharing style employer contributions Strict nondiscrimination testing required Vesting schedule Loans available	Safe Harbor §401(k) Plans Employee contributions Fixed Employer contributions Matching and/or profit sharing style employer contributions Nondiscrimination testing waived 100% fully vested Loans available
Solo §401(k) Plans Ideal one-person plan to maximize a business owner's contributions Discretionary & flexible Employer contributions Employee contributions Loans available	Cross Tested Plans Employer contributions favor a designated employee class (e.g. the business owner) Discretionary & flexible Employer contributions Vesting schedule Loans available May be added to any 401(k) Plan	Age Weighted Plans Employer contributions favor older employees Discretionary & flexible Employer contributions Vesting schedule Loans available May be added to any 401(k) Plan
Money Purchase Pension Plans Fixed Employer contributions every year Vesting schedule Loans available	Defined Benefit Pension Plans Employer contributions favor older, higher paid employees Fixed range of Employer contributions every year fund a pre-determined monthly or annual pension benefit Predictable, stable investments with assumed rates of interest Vesting schedule	§457(b) Non-Qualified Plans Tax-exempt employers Favors key "top-hat" executives Discretionary & flexible Employee contributions Matching and/or discretionary Employer contributions Contributions are subject to claims of employer's creditors
§403(b) TSA Plans Tax-exempt employers and public schools Employee contributions Discretionary or fixed Employer contributions Matching and/or discretionary style Employer contributions Vesting schedule Loans available	Welfare Benefit Plans Unfunded or fully insured plans offering medical, dental, disability, or life insurance and covering more than 100 employees Annual reporting service includes Form 5500 DOL compliance assistance with Delinquent Filer Voluntary Compliance Program for plans that should have filed past Form(s) 5500	Plan Documents & Recordkeeping Services Plan design and implementation ERISA compliance with Employee communications ("SPD") Periodic updates to plan documents (IRS Model Amendments) Annual valuations & Trust accounting
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