ASPERIA Elite – One fee only!

ASPERIA Elite allows Plan Sponsors to forecast administration costs by charging only one fee for all annual administrative services. There are no additional processing fees for loans, hardships distributions, or general advice. We believe in providing responsive and accurate services for our clients with no worries about additional fees for services.

The ASPERIA Elite service package includes all of the following services:

  • One fee only
  • Consultation of plan design issues
  • Provides tack-on amendments as required by law
  • Obtain census information from the sponsor and assist with eligibility requirements
  • Calculate match and/or profit sharing contributions as needed
  • Reconcile contributions and loan repayments
  • Calculate annual limits
  • Perform regulatory testing
  • Calculate vested percentage by participant
  • Provide year-end valuation reports
    • Employee status report
    • Top heavy test results
    • List of employees eligible to make catch-up contributions
    • List of employees who are attained age 70 ½
    • Distributions summary report
    • Outstanding loan balance report
    • Account activity for the plan year
    • Participant certificate reflecting vested balances
  • Assist sponsor and participants with loan requests and processing
  • Assist sponsor and participants with hardship distribution requests and processing
  • Assist sponsor and participants with distribution requests and processing
  • Prepare Form 5500 and related schedules
  • Prepare summary annual report for participants
  • Toll-free customer service throughout the year

ASPERIA Elite makes it easy to budget with very competitive pricing for this one fee only, all-inclusive program that includes advice from our professional staff when you need it.