TBC Information Network

Teal, Becker & Chiaramonte offering valuable insights, impressions and commentary on today's financial and business world.

Annual Testing and Reports

Often overlooked, plan administration is a key part of a qualified retirement plan. The U.S. Department of Labor and the Internal Revenue Service have specific requirements for retirement plans to remain qualified including annual testing for non-discrimination and filing of annual reports with the Employee Benefit Security Administration. We also have the ability to offer consulting services to the employers who may be in an IRS or DOL audit situation.