Plan Design & Consulting

Plan Design

If it’s time to implement a retirement plan, we can help identify the best fit for your business. If you already have a plan in place, we can analyze its strengths and weaknesses, offering you viable alternatives and ready solutions. We’re well versed in the financial benefits and obligations retirement plans offer business owners. When we work with you to design your plan, we consider many factors, including: your personal goals and your goals for the business, the number of employees, the pressure of attracting and retaining a workforce, and other issues vital to your success.

And when we talk to you about your options, we’ll keep the jargon to a minimum. Though retirement plans are complicated, talking about them doesn’t have to be.

Time-Tested Strategies

Our plan design services are grounded in years of experience designing and administering a wide variety of plans. It may be a 401(k) will suit your business best. Or a 401(k) Safe Harbor, that can offer certain advantages when mandated stipulations are met. We are also extremely well-versed in leveraging more advanced plan designs such as Age-Weighted and Cross-Tested, which can often allow business owners to shift significant employer contributions to the owners or executives. 

We also cater to educational institutions and other nonprofit organizations which can take advantage of a 403(b) plan and its tax-deferred strategy.

Our goal is your goal: a cost-effective plan that fits and runs smoothly.


Some of our clients need a helping hand with more finesse. They may bring us in to assist during an audit, or to offer assistance with changes to an existing plan design.

Hembree TPA offers these clients an expert range of services, including:


Assistance with amendments, terminations, mergers, and acquisitions


Assistance with plan-design changes


Assistance with IRS or DOL audits


Providing corrections for operational or documentation defects under the IRS Employee Plans Compliance Resolution System (EPCRS)


Preparing compliance filings for the DOL Voluntary Fiduciary Correction Program (VFCP)

We’re ready to offer the consulting services you need.

Let’s talk about the possibilities.

We’re retirement plan geeks.
We actually like solving problems.