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.
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.
We Have Solutions.
In 2020 67% of companies randomly audited by the DOL failed the audit. Resulting in Billions in fines and penalties.
Tag Resources administrative process is designed to meet DOL random audit requirements on a realtime basis.
Employers often do not know the liability they take on. Any employer who understands it does not want the risk. We mitigate that risk for you.
As named fiduciary on your plan we mitigate liability risk for you.
Small business owners are sometimes already financially stretched and cannot afford a high priced retirement solution that works. TAG is the answer other companies retirement providers cannot match.
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.
When offering a retirement plan to your people, you're held to the highest standards under the law. If you don't have the required expertise in house, you need to hire professionals to help you stay compliant with ERISA in offering the best plan to your employees.
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.
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.
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.
By using Academy Benefits trusted providers.
Company or Association
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.
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Fiduciary-Plus was created to partner with advisors as we strive to provide best in class services to plan sponsors and their plan participants.
RECORDKEEPER
We use an industry leading recordkeeper.
PLAN ADMINISTRATOR
TAG Resources ensures your plan reaps long-term rewards with easier day-to-day operations. As the largest end-to-end retirement plan provider in the US, TAG is recognized nationally for pioneering unique Retirement Programs. The Multiple Employer Program™ is our newest innovation, bundling retirement plans together in a service model previously only available for very large companies.
FINANCIAL ADVISOR
Michael Manning
President, Retirement Services
ACADEMY BENEFITS
23945 Calabasas Road, Suite 108
Calabasas, CA 91302
Office 818.626.3290 | Cell 818.749.0775
michael@academybenefits.tv
michael@academybenefits.tv
818.626.3290