PLAN MANAGEMENT AND FIDUCIARY SUPPORT

We pride ourselves on delivering a hands-on, client-centered service experience. Unlike conventional 401(k) advisors who may only check in annually for a routine investment review, our team works closely with you year-round to ensure you fully understand and meet your obligations as a Plan Sponsor Fiduciary. Our proactive methodology allows us to quickly detect and resolve ERISA compliance concerns — particularly around daily plan administration, Form 5500 filings, and Non-Discrimination Testing. As a Solaris Asset Management client, you also gain access to premier ERISA legal counsel through the Wagner Law Group for all employee benefit matters.

Key Practice Components:

 Monitor payroll contribution remittances to the Plan, ensuring ERISA-compliant and timely deposit of employee deferrals.

 Facilitate regular coordination meetings with your client teams, Payroll (including offshore payroll groups), HR, and Finance to maintain compliance across day-to-day administration — including contributions, distributions, and loan processing.

 Manage the Form 5500 compliance process end-to-end, coordinating with the Institutional Service Provider and your Plan Auditor to ensure a smooth audit and timely certification.

 Support Plan Sponsors in filing Form 5500 with the Department of Labor ahead of all deadlines, and oversee the preparation and distribution of the Summary Annual Report (SAR).

 Champion fee transparency by advocating for a clear, straightforward fee structure that both plan sponsors and participants can easily understand.

 Deliver ongoing oversight of daily plan administration activities to maintain full compliance with retirement regulations and your plan document.

SERVICE PROVIDER SELECTION & OVERSIGHT

REGULATORY & COMPLIANCE

Through our structured annual plan review, we help you confirm that your plan's provisions and operations remain aligned with your organizational goals — and stay current with the evolving regulatory landscape.

Our Process Encompasses:

 Plan documentation review and design optimization

 Form 5500 compliance reporting and auditor certification coordination

 Recordkeeping and administration audits and operational reviews

 Nondiscrimination testing compliance guidance and support

 Identification and correction of operational or historical plan defects

 Due diligence consulting for mergers and acquisitions

 Plan fee benchmarking, competitive analysis, and cost optimization