Services

I. E. Shaffer & Co. provides administrative and consulting services
that fall within the following functional categories:

Plan Management and Consulting

• Plan design and implementation
• Provide, staff and equip the Plan Office
• Maintain all plan bank and investment accounts
• Plan and attend Trustee/Plan Sponsor meetings
• Fiduciary insurance and fidelity bonding
• Toll-free telephone service for plan participants

Contribution Processing and Recordkeeping

• Receive and audit contributions and reporting forms
• Track, report and pursue delinquent contributions
• Maintain detailed record of employer and employee contribution history
• Determine employee eligibility for plan benefits
• Provide periodic employee statements of accumulated plan benefits
• COBRA and HIPAA compliance administration
• Daily valuation of participant directed investments
• Extensive reporting capabilities

Health Plan Benefit Processing and Payment

• Process and pay all claims under self-funded or insured plans
• Medical, dental, vision, temporary disability, prescription and life insurance benefits
• Relationships with local and national PPO's with internal repricing
• Member assistance programs
• State of the art claim processing system - EDI capable
• Relationships with several utilization review organizations
• Extensive reporting capabilities

Retirement Plan Benefit Processing and Payment

• Payment of retirement, disability, death, separation and hardship benefits
• Calculation of all available forms of payment
• Retirement counseling and informational seminars for Section 404(c) compliance
• Electronic direct deposit arrangements, tax withholding and tax forms
• Participant loan administration
• Discrimination testing
• Weekly death checks of benefit recipients in pay status
• Qualified Domestic Relations Orders

Accounting, Reporting and Disclosure

• Maintain plan financial records with periodic financial statements
• Computerized bank reconciliation, general ledger and trial balance
• Preparation and filing of Form 5500,
  Form 990, Form PBGC-1
• Distribution of Summary Plan Descriptions, Annual Funding Notices and Summary
  Annual Reports