PRB Administrators

Ensuring that plan sponsors have the appropriate tools to develop and manage their retirement plans is a huge responsibility. Employers need solutions to challenges such as determining the type of plan they need, monitoring their plans for regulatory compliance, and handling day-to-day administration carefully and accurately. PRB Administrators has extensive experience in pension consultation and administration.

The PRB Administrators staff consists of an experienced team of actuaries, consultants and benefits practitioners with many years of experience in the retirement planning industry.

Plan Types
PRB Administrators designs and administers qualified retirement plans including:

• 401 (k)
• 412 (i)
• Profit Sharing
• IRAs
• Defined Benefits
• 403(b)

Since many key executives face annual dollar limits on qualified plans, PRB can also design non-qualified plans to provide tax-free income at retirement.

Consulting Services
PRB Administrators provides key services, such as:

• Defined Benefit Feasibility Study
• Defined Benefit & Defined Contribution Comparative Study
• Mock IRS Audit
• Complex Defined Contribution Design
• Highly Compensated Employee Distribution Issues
• Analysis of Plan Investment Portfolio
• Investment Policy Statement
• 404 (c) review
• Investment Due Diligence
• IRS Determination Letter Requests

Communication & Education
PRB Administrators handles every aspect of the employee enrollment and communication process including:

• Enrollment Seminars
• Employee Certificates
• Annual Review of the Plan with Participants & Plan Sponsors
• Distribution Counseling Sessions with Plan Participants

In addition, PRB provides various plan documents including:

• Volume Submitter and Prototype
• Customized Summary Plan Descriptions
• Loan Policies & Documents
• Summaries of Material Modifications

Compliance Services
PRB performs the ongoing administration requirements for retirement plans. When plan sponsors transition a retirement plan to PRB Administrators, we provide a thorough review of the plan documents and administration records. Our experienced administrators ensure that plans remain compliant with the latest regulatory and legislative changes, and assist with any necessary Internal Revenue Service or Department of Labor Programs.