The Retirement Planning Center
Cash Balance

Design stand-alone or 401(k)/Profit Sharing Cash Balance plans using precise testing and attractive plan design illustrations that feature visual aids such as charts and graphs.

 
 

Plan Design System

Plan specifications include options such as PBGC, Interest Credit, Funding Rate, Actuarial Equivalence, and Testing Assumptions.  Plans are stored in a database and are always accessible; and reports and census data can be exported to PDF/Excel and Excel, respectively.

CBReports.png

Illustrations

  • Cover Sheet (can include your company logo)

  • Understanding Cash Balance Plans (a summary of how Cash Balance plans work)

  • Plan Provision

  • Census

  • Contribution Report

  • Tax Summary Report

  • Contribution Chart Report

  • Target Normal Cost Report

  • Minimum Allocation Gateway Report

  • Average Benefit Percentage Test Report

  • Minimum Allocation Gateway Report

  • Normal Accrual Rate for Rate Group Testing Report

  • Most Valuable Accrual Rate for Rate Group Testing

  • Rate Group Test Detail Report

  • Maximum Cash Balance Contribution

  • Test Results

See Sample Report

 
Cash Balance Worksheet.png

CENSUS & CLASSES

The census for each plan can be imported into using our spreadsheet template and then modified in the system.  Data is validated by our system and errors will be brought to your attention.

Classes can be named from A to ZZ, which allows for over 700 individual classes to be created.

 
Cash Balance Census and Classes.png

Non-Discrimination Testing and WORKSHEETS

When plans are calculated, the system performs non-discrimination testing and produces detailed results for each of the following tests:

  • Minimum Participation (401(a)(26))

  • Average Benefit Percentage Test (410(b)-5(a))

  • Minimum Allocation Gateway

  • Rate Group Test (401(a)(4))

  • Combined Plan Limit ((404)(a)(7))

Worksheets may be used to pinpoint what's holding you back from passing any failed test.

 

Smart Projection

View any participant's contribution projection forward and compare to other funding options and limits.

Owner Only Plan Analysis

Create owner-only plans in minutes with our specialized Owner Only Plan Analysis module.

PPA Calculator

Calculate Target Normal cost, 417(e) PVAB and Lump Sum Payouts.

 
 

Pricing

The RPC Cash Balance Proposal System is $2,200 per year.

The bundle price (RPC New Comparability + Cash Balance) is $3,000 per year so the bundle discount is $300 per year.

Each account comes with unmetered plan count and system support; and support may be provided to a designated data entry clerk in addition to the registered user.

Please contact us if you are interested in a live product demo, a one-week trial, or group or enterprise pricing.