Your Retirement Plan should be a major reason why people want to work for you.
You are far more likely to attract better employees and retain the employees for longer by offering the security of a stellar Retirement Plan when hiring.
Welcome to one of the best Retirement Plans ever built. The Academy Benefits Retirement Plan Powered By TAG Resources.
About Academy Benefits
Academy Benefits is a Trusted Partner in the entertainment industry and shares a unique relationship with the Producers Guild of America, Television Academy and the Visual Effects Society. We look forward to providing services on your behalf with increased participation, hosted enrollment meetings, investment education for participants and plan reviews on a regular basis.
Offering a 401(k) and selecting providers to run the 401(k) are fiduciary decisions. Academy Benefits Retirement Services plays a key role in driving the due diligence and documentation of that process.
Academy Benefits endorses the TAG Program based on their experience and proven process related to the complexity and liability of running a 401(k) plan. We in conjunction with TAG look to reduce the administrative duties and your personal exposure and liability as a fiduciary to the greatest degree allowed by law and industry, and do so at a cost that is competitive.
Most Employers Have Concerns About Having A 401(k).
We Have Solutions.
Tag Resources administrative process is designed to meet DOL random audit requirements on a realtime basis.
As named fiduciary on your plan we mitigate liability risk for you.
The Academy Benefits Retirement Plan is a “pooled” retirement plan, meaning that we pool many company plans to together. This gives our clients some of the lowest prices and the most extensive services in the industry.
Administration of the plan is done by TAG Resources. TAG Resources employees are all trained on ERISA law and TAG has ERISA lawyers on staff and on retainer.
DOL Random Audits Can Crush Your Business!
The IRS penalty for late filing of a 5500-series return is $25 per day, up to a maximum of $15,000. The DOL penalty for late filing can run up to $1,100 per day, with no maximum.
Managing your own retirement plan can be a big administrative burden.
As a result, they take a lot of employee hours, which more often than not costs you as an employer more money. With the Academy Benefits and TAG Resources at the helm of your retirement plan, you can stay on top of your business, knowing that the day-to-day responsibilities of your plan are being looked after.
- Law states that if you do not have Erisa Trained staff you must contract with someone who does. TAG staff is Erisa trained.
- 3(38) Investment Manager Appointment
- 402(g) Limit Reporting
- 404(a)(5) Notice Distribution
- 404(c) Notice Distribution
- 408(b)(2) Notice Distribution
- Annual Discrimination & Coverage Testing
- Audit Completion Support
- Audit Firm Hiring & Monitoring
- Auto Enrollment Notice Distribution
- Beneficiary Designation Form Maintenance
- Beneficiary Determinations
- Blackout Notice Distribution
- Census Review
- Corrective Distributions
- Death Benefit Approval
- Distribution Reporting
- DOL and IRS Issue Resolution Assistance
- Eligibility Calculations
- Eligibility Notifications
- Employer Contribution Monitoring
- ERISA Bond Review
- Error Correction Monitoring
- Fiduciary Insurance Coverage Review
- Force Out Processing
- Form 5330 Preparation, Signing, & Filing
- Form 5500 Preparation, Signing, & Filing
- Form 8955 Preparation, Signing, & Filing
- Fund Change Notice Distribution
- Hardship Withdrawal Approval
- Loan Approval & Reporting
- Loan Default Monitoring
- Loan Policy Administration
- Lost Earnings Calculations
- Participant Enrollment Assistance
- Payroll Aggregation
- Payroll File Aggregation
- Plan Design Review
- Plan Document Interpretation
- Plan Document Preparation & Archiving
- Plan Irregularity Notification
- QDIA Notice Distribution
- QDRO Determinations & Reporting
- Quarterly Investment Review Meetings
- Rate Changes Monitoring & Reporting
- Required Minimum Distributions
- Safe Harbor Notice Distribution
- SAR Production & Distribution
- SMM Notice Distribution
- SPD Production & Distribution
- Spousal Consent Approvals
- Termination Date Verification & Maintenance
- Termination Withdrawal Approval
- Top Hat Preparation, Signing, & Filing
- Trustee Duties
- Vesting Verification & Tracking
- Year End Data Collection & Review
- Upload Payroll Files to TAG
- Monitor TAG
- Provide Year-End Data for Testing
How Does Our Plan Overcome All Of The Concerns Listed Above?
By using Academy Benefits trusted providers.
Our Trusted Providers Help Make It Possible.
Company or Association
3(38)
RECORDKEEPER
PLAN ADMINISTRATOR
FINANCIAL ADVISOR
There you have it.
The Best Retirement Plan
We've Ever Built
Common Questions
Interested? Let us tell you more. Contact us now.
Email Address
michael@academybenefits.tv
Call Us
818.626.3290