Plan Design

The appropriate retirement plan design for your business can mean larger tax benefits, deductions, and allocations to business owners. We specialize in building the right plan, specific to your business needs—no matter if you are an S-Corp, C-Corp, LLC, LLP, Partnership, or sole proprietor. For the convenience of our clients, CBP sponsors IRS Pre-Approved plan documents for non-standardized 401(k), Profit Sharing, Money Purchase, and Solo 401(k) Plans. We also offer plan documents for 403(b) Plans.

  • Existing Plans – We review the current plan provisions and recommend changes that align with your goals and objectives.
  • New Plans – We tailor plan provisions to meet the needs of the business, its owners, and employees.
  • We prepare all necessary plan documents, including:
    • Prototype and Volume Submitter Plan Agreements
    • Plan Amendments and Restatements
    • Summary Plan Descriptions
    • Employer Administration Guides & Forms
    • Notices to Participants

Administration and Compliance

Effective plan administration and compliance keeps you out of trouble and helps ensure that your retirement plan is operating as it should. We understand you have a business to run, and your retirement plan is not your priority; however, it is ours. Our services include:

  • Reconciliation of plan transaction activity to payroll
  • Financial statements on accrual basis
  • Contribution analysis
  • Loan administration
  • Employee eligibility and entry dates
  • Employee vested percentages
  • Annual additions testing
  • Top heavy testing
  • Coverage testing
  • Compensation ratio testing
  • Non-discrimination testing
  • Plan valuations
  • ADP/ACP testing (applicable to 401(k) plans)
  • Signature-ready IRS Form 5500 and related schedules
  • Summary Annual Reports
  • Distribution processing
  • Required Minimum Distribution calculations
  • Qualified Domestic Relations Order (QDRO) processing


Retirement plan regulations are complex in nature. CBP will provide you with an appropriate level of understanding regarding relevant provisions and governing regulations. Examples of consulting projects include:

  • Plan comparability analysis
  • Plan implementation and termination guidance
  • Assistance in government agency audits (IRS and/or DOL)
  • Internal plan reviews