Employee Benefit Plans
Employee Benefit Plans Services
Helping employers develop competitive benefits packages to attract and retain competent employees is just another of the specialties of T.E. Lott & Company. We currently provide varying degrees of services for over 100 employee benefit plans for employers that range from sole proprietors to large publicly- traded companies. Whether your company is in the process of designing, establishing, re-working, or maintaining an employee benefit plan, our professionals are able to assist you.
Retirement Plans
- 401(k), profit sharing, ESOPs– Plan document design, allocations, testing, and reporting
- Cash balance plans are the largest growing segment of plan design with large tax deductions
- Plan audits as required by the Department of Labor for plans over 100 participants
- 11-K filings as required by the Securities Exchange Commission for plans offering employer stock
- Assisting in correcting plan errors through filing with the IRS Voluntary Correction Programs
- Employee education through meetings and retirement projection
- Individually – designed plans where employer contributions are based on years of service or job classification
- Helping to establish internal controls over plan administration
- Answering IRS notices and assisting in IRS audits of plans
- Consultation on existing plan design
- Form 5500 filings
- Multiple Employer Plan (MEP) audits
Get in touch with us!
Achieving long-term financial health requires the guidance of experienced experts. Founded in 1926, T. E. Lott & Company has proudly helped business owners from a number of unique industries develop appropriate business strategies that allow them to achieve sustainable growth and future financial stability.