Retirement Plan Services

Save yourself the headache of working with more than one party when managing retirement plans and choose the ease of Patrick Payroll’s Retirement Plan Services. We work with financial advisors, retirement plan providers, and third party administrators to create a fully integrated solution for your business.

Our Retirement Plan Services include:

Participant Enrollment

  • Become informed about all possible retirement plan options including 401K, simple IRA, and SEP IRA with our financial advisors
  • Participants have their objectives and needs analyzed and formulated into a plan design including funding, administration
  • First, we’ll focus on your objectives and needs. Then, we discuss the plan design, funding, administration, and participant communication elements to address any issues

Contribution Funding

  • Automatically contribute funds to retirement savings plans

Census

  • Through our fully integrated employee census system, we can gather information on all employees to better determine the best retirement options for your company.
  • Increased efficiency and convenience through online system

Record Keeping

  • Our Open Enrollment module allows your employees to enroll in plans
  • Provide your Third Party Administrator (TPA) with census and additional reporting data
  • Provide your TPA with all necessary data to stay in compliance
  • All built in our iSolved payroll platform

Payroll Administration

  • Retirement plan services can be synced with payroll processing through Patrick Payroll, eliminating the most tedious aspects of benefit administration for employers