We don't use a cookie cutter approach to retirement and employee benefit plan design and administration. We customize our services to your business needs for today and tomorrow. We provide complete retirement and benefit plan services, including:
  • Plan design-we'll help find the best type of retirement or employee benefit plan for your firm, as well as fine tune it to meet your needs.
  • Plan documents-to help your plan meet all government requirements.
  • Summary plan descriptions-a version of the plan document, written in plain English, so that employees understand their rights and responsibilities.
  • Plan enrollment-we'll help explain the advantages of your plan to employees.
  • Employee communications-to help your employees understand the value and importance of their retirement or employee benefits.

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    Our annual administration services include:
  • Determining the annual contribution amount.
  • Determining allocation of additional benefits/contributions and earnings each year.
  • Determining vested benefits to be distributed to any terminated, disabled or retiring employees.
  • Performing all required testing.
  • Calculating required minimum distributions.
  • Completing all necessary IRS, Department of Labor, and Pension Benefit Guaranty Corporation forms.
  • Preparing benefit statements and the Summary Annual Report for participants so they can see how their retirement benefits are growing.
  • Performing any needed actuarial services.

    • We work with your CPA to perform any trust accounting that may be necessary, as well as monitor the trust for plan loan repayment problems and/or improper transactions.

    Martin Retirement Services, Inc. designs, installs, and administers:
  • Defined benefit pension plans
  • Defined contribution pension plans
  • 401(k) plans
  • Profit sharing plans, including "age-weighted" and "cross-tested" designs
  • Target benefit pension plans
  • 403(b) and 457 plans
  • Cafeteria plans, including both "full flex" and "premium conversion only"

  • IRS examination (audit) representation
  • Department of Labor (DOL) investigation (audit) representation
  • "Problem Resolution" with IRS/DOL
  • ERISA litigation and defense

    • We keep current with the latest trends, legislation and IRS regulations so you can relax. We'll keep you informed about changes and keep your plan current and in compliance with all the latest regulations. In addition, we'll monitor your plan to make sure it stays in line with the changing needs of your firm over time.

    Martin Retirement Services, Inc. pledges to work hand-in-hand with you to develop the appropriate retirement or employee benefit plan for your company and employees. We're dedicated to providing complete customer satisfaction. We want to become your trusted business advisor. For more information about our many services, please contact us at (301) 840-6550/(800) 664-8589. Our fax number is (301) 840-3555 and our E-mail address is info@martinretirement.com. We'll be happy to develop a complete plan proposal for your firm.

    Whichever qualified plan you choose, they all have important advantages for you-the employer:
  • They enhance your competitive position in the labor marketplace.
  • They provide your employees, including management, with logical, effective ways to accumulate capital and/or retirement income.
  • They provide you with tax deductions for your plan contributions and administrative expenses.
  • Profit sharing plans and 401(k) plans motivate employees to take a more personal interest in the company's success.

    • How much capital could you accumulate over a 30 year period with qualified plans? Here's an example: If you start a money purchase pension plan and a 401(k) plan now... with combined annual funding to your accounts in those plans of $30,000 and an annual investment return of 8%, your account balance after 30 years would be over $3,000,000; all from a tax-deductible employer contribution of only $900,000.

    In short, qualified plans offer you the opportunity to tailor an employee retirement program to meet your needs as well as your employees'. We've discussed only a few of the advantages and considerations for you on this website. There are certainly others.

    Martin Retirement Services, Inc. has professionals who can assist you in conducting a thorough analysis of your existing qualified plan benefits program, or can help you create a new program. We can help with plan design, promotion, and administration, in the most cost-effective way possible for your organization. You and your employees deserve nothing less.

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