Other parties involved in the Retirement Plan include:
Every year the Plan Sponsor will be required to login to BEI’s Plan Sponsor Link to answer a series of compliance questions and then upload the current year’s employee census. If your payroll company is integrated with your 401(k) Record-keeper, you may not be required to upload the data, however, you will be required to approve the census data. The request will come from BEI, via email and prior to year-end, and will provide the Plan Sponsor with a hyperlink into the BEI system.
“BEI is what I call a best in class provider and I work very closely with them. They are a major asset to our firm and our clients and BEI is the only TPA I would consider for our retirement plan solutions.”