Standard Benefit Administration is a trusted third-party administration company based in Winston-Salem, NC, offering a comprehensive range of services for corporate 401(k) profit sharing plans and non-profit entity 403(b) plans. Their services include compliance testing, plan document origination and maintenance, participant level recordkeeping, profit sharing proposals and calculations, loan origination and recordkeeping, and more.
With expertise in Form 5500 preparation, Standard Benefit Administration ensures accurate and efficient administration of retirement plans, providing services such as safe harbor notices, quarterly and annual participant statements, summary annual reports, and summary plan descriptions. They also facilitate regular group meetings and individual participant meetings, offering plan document amendments and restatements, trust accounting, and participant communication kits.
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