SERVICES
Experience on your side, objectivity in your corner
Martone Consultants brings two critical components to every engagement: experience and objectivity. As a fee-for-service firm, we are not compensated by plan providers. We'll cut through the clutter to present you with clear, actionable data and unbiased recommendations based solely on your business needs and plan objectives.
Service Provider Selection and Monitoring
From defining your needs to detailed analysis and review of final contracts, Martone Consultants streamlines the provider search process so you can get back to business:
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Development of uniform evaluation criteria
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Preparation and coordination of Requests for Proposals (RFPs)
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Compilation of vendor responses
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On-site meetings with finalists
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Contract negotiations and review of final contract
Once your final vendor is selected, Martone Consultants provides ongoing performance monitoring to ensure that service standards are consistently met.
Ongoing Consulting:
Successful defined contribution plans require periodic checkups to ensure their success. Martone Consultants provides a detailed evaluation of delivery systems as follows:
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Analysis of total costs, staffing levels and services provided as bench marked against other service providers.
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Evaluation of the technologies in place versus new options now available in the marketplace.
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Detailed recommendations for in/outsourcing specific plan functions.
Government Compliance
Martone Consultants helps your company stay up to speed on compliance issues, including recent changes mandated by the Pension Protection Act of 2006. Let us assist you with:
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Auditing of all aspects of plan administration and review of all documents and forms related to the plan.
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Preparation of government forms (including determination letter requests and Form 5500), summary plan descriptions, and other required documents.
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Addressing the IRS Employee Plans Compliance Resolution System.
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Assistance with ADP and ACP tests to ensure that the contributions of highly compensated employees are maximized.
Special Projects
From initial plan design to final termination, Martone Consultants is available to assist with all aspects of your defined contribution program. Call on us to oversee special projects. We're happy to lend our experience as needed.
Staff Support
Need an experienced extra hand to supplement your in-house resources? Martone Consultants can support your benefits staff in a variety of ways:
Whether your need is temporary or ongoing, we're delighted to lend our expertise and support your staff however suits you best.
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