OVERVIEW OF DSRP's Retirement PLAN SERVICES:
- Access to a Web Service Center through which participants can access account information and initiate transactions 24 hours a day, 7 days a week.
- Access to a Benefits Service Center with live customer service through which participants can access account information and initiate transactions Monday through Friday (except holidays) 7AM to 7PM Central Standard Time.
- Access to a toll-free 401(k) hotline through which participants can access account information and initiate transactions 24 hours a day, 7 days a week.
- Plan administration provided by Milliman, the world’s 7th largest employee benefit outsourcing firm.
- Charles Schwab Trust Company serves as the corporate Trustee.
- Model portfolios and an online investment advice center. Or, if you desire, you can custom build your own portfolio from the funds and asset classes offered.
- “Investor Profile Quiz” helping participants decide what type of model portfolio best fits their personal comfort level.
- PlanFolders which contain materials on retirement planning and investment strategies as well as a copy of the Summary Plan Description. Professionally managed enrollment meetings and materials.
- Scheduled education meetings and online education seminars.
- Daily reconciliation and pricing of all accounts.
- Monitor maximum contribution limits.
- Clear, concise participant statements.
- Employer level census information report illustrating all transactions.
- Perform any required nondiscrimination testing for the plan.
- Preparation of a signature ready 5500 series filing form.
- Prepare with the plan Trustee, 1099-R forms for reporting all plan distributions.
- Automated processing of
- Rollovers
- Loans and payoffs
- Direct transfers
- In-service withdrawals
- Processing for age 70 ½ Required Minimum Distributions
- Payouts to terminated employees
- QDRO review and processing

