In general terms a plan sponsor should follow the CAPSA guidelines for managing a pension program. This is an extensive document and your advisor can help guide you through it.
This is a document that outlines the governance of the plan including selection of a pension committee, record keepers, investment managers and process for the review of the investment funds offered in the program and should also include education strategies for new, existing and terminating plan members. This form must be filed within 60-days from when the new plan is registered.
This is a summary of the expected monthly contributions for the year and must be filed with the trustee of the plan within 90-days of the establishment of the plan and within 60-days after each fiscal year thereafter.
This form must be filed annually within 6-months of the plan year end. It details all of the features of the plan and whether there have been any changes to the Plan Sponsor, Trustee, Plan Administrator, Custodian of Funds. The trustee of the plan can generally assist with the preparation of this document but as the plan sponsor you must submit it to the FSRA. (Formerly FSCO)
Todd has been a great partner in navigating difficult benefits claims, and in working with our benefits provider to resolve time sensitive questions or issues. As the HR Specialist at StoreForce, I have valued the knowledge and expertise Todd provides, as it helps me better serve StoreForce employees. Todd has travelled to our office to provide benefit plan refresher presentations, and often reaches out to check-in and ensure StoreForce is happy with the services we receive. When needed, Todd researches and provides options to StoreForce that suits the current needs of the organization. We are happy with the level of service provided by Todd and the team at FCA Insurance Brokers.
Exceptional client service from FCA. Was able to assist us with a unique issue and was always very responsive.
FCA covers us for all our business requirements, from equipment to liability, property, builds, benefits and everything in-between.