Use this page to manage your company’s retirement plan. By selecting “Plan Sponsor LOGIN” below, you can access your plan document, complete Year End reports and send Sunwest Pensions files securely. By selecting “Daily Advantage LOGIN” below, you can access the total assets in the plan, weekly/quarterly/on-demand plan reports and upload your contribution submission files.

Choose this option to manage your accounts

 Frequently Asked Questions:
Q. What does TPA mean?
A. Third Party Administrator
Q. What are the primary responsibilities of a TPA?
A. TPA is responsible to maintain plan document compliance, perform annual non-discrimination testing, perform calculations and prepare governmental forms.
Q. Why should I appoint a TPA for my plan?
A. TPA can improve your plan design, monitor plan operation and provide guidance to your plan.
Q. What is the maximum amount that I can contribute to my 401(k)?
A. The maximum dollar amount an employee can contribute to a 401(k) plan is determined annually by the IRS. If the employee is age 50 or older in the current plan year they have the option to contribute an additional “catch-up” contribution. This dollar amount is also determined annually by the IRS. Please click here to see current IRS limits.
Q. What are some advantages of implementing a qualified retirement plan?
A. They are as follows;

  • 100% tax deductible for Employer/Company Contributions
  • Favorable Plan Design for Selected Employees
  • Federal Tax Credit of $500 for three years
  • Under certain conditions participant account balances are not subject to the claims of creditors under federal bankruptcy proceedings
  • Numerous investment options
  • Employees may contribute on a pre-tax basis or after-tax (Roth) basis
  • 100% tax deductible administrative costs to maintain the qualified retirement plan

Q. When should I sign my new Plan Document or Amendment?
A. All Plan Documents should be signed promptly upon receipt, and they should be dated with a current date.
Q. How long should I keep or maintain my retirement plan files?
A. There is no time requirement or “statute of limitations” for keeping Retirement Plan files. The IRS may audit you, your business or your Retirement Plan at any time. Therefore, your Plan records should be maintained permanently. This includes all Plan Documents, Annual Administration Reports, Annual 5500 Returns, any other records pertaining to the maintenance and administration of the Plan, such as Board Resolutions and Minutes stating the amount contributed to the plan each plan year.
Q. What is a Defined Benefit Plan (DB)?
A. The Internal Revenue Code refers to a defined benefit plan as “other than an individual account plan” as opposed to a defined contribution plan which is an individual account plan. The Code also specifies the defined benefit must be definitely determinable. A defined benefit plan states a pre-determined benefit in advance.
Q. What are the characteristics of a Defined Benefit Plan (DB)?
A. Characteristics of a DB are:

  • Employer contributions are mandatory each plan year
  • Employer contributions are due within 8 1/2 months after the end of each plan year
  • Employer is subject to an excise tax of 10% of the amount due payable to the IRS for nonpayment
  • The penalty is increased to 100% of the amount due if NOT corrected
  • Employer contributions are actuarially calculated by an Enrolled Actuary using IRS approved methods
  • In most instances the employer is subject to PBGC fixed and variable premium depending upon the funded status of the Plan
  • Employer contributions are based upon the plan investment experience, age of the employee,
    compensation, length of service past and future