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NJBIZ Ranks INTAC One of the 100 Best Places to Work in New Jersey!
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 INTAC received the honor of placing in the top 100 Best Places to Work in New Jersey, in a recent awards hosted by the state's weekly business journal, NJBIZ. Representatives from New Jersey's top 100 businesses gathered in a festive atmosphere at the Hyatt Regency in New Brunswick to celebrate this distinction and receive their official rankings. The Best Places award is a symbol that a company has demonstrated dedication to their employees' growth and quality of life. "Knowing that this award was made possible through the survey of INTAC's employees, and the submission of our firm's policies and practices, is very reaffirming. We are proud and humbled to receive this accolade and will continue to make every effort to be worthy of this honor moving forward," remarked Charles Rosenberg, INTAC Vice President. |
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Reminder to Plan Sponsors:
When a plan participant is no longer working, please provide a "termination package". Feel free to contact INTAC Distributions Specialists, Danielle (ext. 1215) or Sue B. (1226) for assistance.
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Do you like what you see?
We are loving the new look of The INTAC Insider which compliments our recently redesigned website! Visit us online and take a look!
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The Continuing Evolution of the Safe Harbor 401(k) Plan
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The safe harbor 401(k) plan roared onto the scene in 1998 as a new design that allowed company owners and other highly compensated employees to maximize their salary deferrals even when other employees contributed at relatively low levels. Over the last 16 years, these plans have continued to evolve through a series of new laws and IRS pronouncements.
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INTAC's Special News & Hot Topics
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Fidelity Bonds - Just the Facts
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 A Fidelity Bond provides protection to a retirement plan against loss due to acts of fraud or dishonesty. Section 412 of ERISA established the requirement that the Plan Sponsor (normally the employer) and anyone who has responsibility of handling plan assets shall be bonded. There are some exceptions to this requirement, such as a one-participant plan where the owner is the only person in the Plan. Click on INTAC's latest fact sheet to learn more about this important topic. |
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Our Extensions Have Changed
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Please note that all INTAC staff members' extensions are now 4 digits.
Click the following link to view of full listing of INTAC's Staff Directory.
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An Independent Industry Article
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Get in the know, click below:
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Much of what our dedicated INTAC consultants are working on to keep your plans up to speed happens behind the scenes. The INTAC Insider details some of these tasks and other notable highlights that they do. Right now our Gold Star Consultants want you to know:
- 5500 Signer Credentials - You may receive a call from an EFAST representative regarding your registration and/or the electronic signing of your 5500 Forms. INTAC's experienced team members are ready to lend a hand. As part of our Gold Star Service to our clients, if you have any questions or require assistance with your registration, please contact our office and request to be connected with a member of our EFAST Liaison Team. The team member can personally walk you through the process.
- Minimum Distributions - INTAC's experts are carefully reviewing your census data to see if Minimum Distributions are required so we can give you advance notice prior to year-end.
- Calculating Contributions - Our consultants are calculating pension contributions for our plans that require a calculation and awaiting confirmation that all contributions due to be deposited to the plan have been made.
- On-Going Data Collection - If you have a plan that has not yet sent in your census and asset data, our consultants are following up with you to help ensure your forms are filed in a timely manner so we can prepare your Annual Reports. Census and asset data can be submitted to your INTAC pension consultant or via the Client Portal*. We trust you will find that submitting data to us electronically is quick, easy and efficient. Should you require technical assistance, please call our office at 201-447-2525 (ext. 0) to request technical assistance for the Client Portal and one of our dedicated professionals will assist you.
- Annual Year-End Data Collection - We are in the process of collecting your year-end data so we can prepare your Annual Reports. Please keep this in mind as you receive your W2 Forms. Year-end data can be submitted directly to your INTAC pension consultant or via the client portal. We trust you will find that submitting data to us electronically is quick, easy and efficient. Should you require technical assistance, please call our office at 201-447-2525 (ext. 0) to request technical assistance for the Client Portal and one of our dedicated professionals will assist you. INTAC Tip - Submit census data as soon as you receive your W2 information since the W2 form includes most of the census data necessary to complete our request.
INTAC's
As a valued client, you automatically qualify for a host of unique benefits. Click here for details on what INTAC's Gold Star Services include and an explanation of our commitment to your privacy. When you call INTAC, you always receive Gold Star Service because you speak with the most knowledgeable staff member related to your plan and/or your question.
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Here's a taste of what our clients and industry partners are saying about us!
"Dina - Has anyone told you that you are the best today? Thank you! ~ Bob"
"David H. - Once again you go above and beyond. Thank you. ~ Janis"
"Jodie - Thanks for your assistance with this! We definitely could not have gotten this far without your help. ~ John"
To read more testimonials, visit the testimonials page on our website by clicking here.
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"We are going to relentlessly chase perfection, knowing full well we will not catch it, because nothing is perfect. But we are going to relentlessly chase it, because in the process we will catch Excellence. I am not remotely interested in just being good." - Vince Lombardi, at his first meeting as coach of the Green Bay Packers
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Intac Actuarial Services has been providing complete administration and consulting to employer-sponsored retirement plans since 1977. INTAC's professional staff of experienced and innovative plan consultants designs, creates and continually refines a wide range of qualified retirement plans. We are committed to meeting our clients' needs by providing these services in a timely, accurate and cost-effective manner. INTAC has been recognized by NJBIZ® as one of the Best Places to Work in New Jersey in 2014, as well as New Jersey's Top Defined Contribution Provider for five consecutive years.
For additional information on the contents of this newsletter and other important topics, please contact us or visit our website at www.intacinc.com. It is our privilege to be of service to you! |
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545 Route 17 South
Ridgewood, NJ 07450
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Branch Offices:
West Long Branch, NJ
Huntington Beach, CA
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©Copyright 2014
Intac Actuarial Services, Inc.
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