IRA, HSA & CESA Administrative Services

Collin W. Fritz and Associates giving you the competitive edge in Retirement Plan Products and Services

To properly administer IRAs, and other tax preferred accounts, financial institutions must be equipped to satisfy both your clients and the IRS. CWF has the expertise and flexibility to quickly respond to compliance changes - multiple layers of company administration do not have to be traversed in order to implement needed changes - eliminating problems with lagging compliance issues. For exampe, CWF will take care of all your time-consuming IRA governmental reporting, documentation, account processing and administration. You can concentrate on growing the number of your accounts and deposits.

Keeping abreast of current rules and compliance regulations can be very time consuming. CWF has the technical expertise and experience to properly administer your IRAs and other tax-preferred accounts, at prices that are very reasonable.

Our IRA, CESA and HSA Administration service provides IRS, operations, customer and management reports, as well as support services including consulting, monthly newsletter subscruiption, IRA Procedure Manual and IRA FormSystem software.

At no additional charge, you receive The Pension Digest newsletter, access to our Hotline Consulting on IRAs and other tax-preferred account matters.

Traditional IRA * Roth IRA * SEP IRA * Self-Directed IRA * CESA * HSA * MSA * SIMPLE IRA

IRA Administration

To properly administer IRAs, financial institutions must be equipped to satisfy both your clients and the IRS. CWF’s IRA Department will work with you and your financial institution. CWF has the expertise and flexibility to quickly respond to compliance changes—multiple layers of company administration don’t have to be traversed in order to implement needed changes—eliminating problems with lagging compliance issues. For example, CWF will take care of all your time-consuming IRA governmental reporting, documentation, account processing and administration. You can concentrate on growing the number of your IRA accounts and deposits.

Keeping abreast of current rules and compliance regulations can be very time consuming. The larger data processors don’t seem to have the time to do it correctly. CWF has the technical expertise and experience to properly administer your IRAs and other tax-preferred accounts, at prices that are very reasonable.

Our IRA and CESA Administration service provides IRS, operations, customer and management reports, as well as support services including consulting, monthly newsletter subscription, IRA Procedures Manual and IRA FormSystem software.

At no additional charge, you receive The Pension Digest newsletter, access to our Hotline Consulting on IRA and other tax-preferred account matters.

Traditional IRA * Roth IRA * SEP * Self-Directed IRA * CESA * HSA * MSA * SIMPLE-IRA

Administration Services

IRS Required Reports & Notices

Form 5498/5498-SA/5498-ESA
Form 1099-R/1099-Q/1099-SA
RMD Notices
Withholding Reminider Notices

Operations Reports

IRA Transaction Register
IRA Distribution Report
70½ RMD Report
IRA Contribution Report

Customer Reports

IRA Retirement Account Statement

Management Reports

IRA Deposit Analysis Report
IRA Distribution Analysis
IRA Account Analysis

Support Services

Toll-free IRA consulting
Subscription to "The Pension Digest"
IRA Procedures Manual
IRA FormSystem

Click here for more product information

HSA Administration

To properly administer HSAs, financial institutions must be equipped to satisfy both your clients and the IRS. CWF’s HSA Department will work with you and your financial institution. CWF has the expertise and flexibility to quickly respond to compliance changes—multiple layers of company administration don’t have to be traversed in order to implement needed changes—eliminating problems with lagging compliance issues. For example, CWF will take care of all your time-consuming HSA governmental reporting, documentation, account processing and administration. You can concentrate on growing the number of your HSA accounts and deposits.

Our HSA Administration service provides IRS, operations, customer and management reports, as well as support services including consulting, monthly newsletter subscription, HSA Procedures Manual and HSA FormSystem software.

At no additional charge, you receive The Pension Digest newsletter, access to our Hotline Consulting on IRA and other tax-preferred account matters.

Administration Services

IRS Required Reports & Notices

Form 5498/
Form 1099-R
RMD Notices
Withholding Reminider Notices

Operations Reports

Transaction Register
Distribution Report
70½ RMD Report
Contribution Report

Customer Reports

Retirement Account Statement

Management Reports

Deposit Analysis Report
Distribution Analysis
Account Analysis

Support Services

Toll-free IRA consulting
Subscription to "The Pension Digest"
HSA Procedures Manual
HSA FormSystem

401(k) Administration

Plan Record Keeping Services
# of Participants, Base Fee, Per-Participant Fee (Based on Frequency of Reports)
2-20, $500, $40, $25, $20, $17
21-40, $600, $40, $25, $20, $17
41-100, $800, $40, $25, $20, -
over 100, $1000, $40, $25, -, -
If the employer has adopted a plan other than CWF's prototype, the base fee shall be increased by $300.
Standard services received for these fees include the following:
> Allocation of contributionss, earnings, gains/losses and forfeitures
> Valuations & Participant Statements (frequency at employer's option)
> ADP/ACP, Annual Additions and Top Heavy Testing
> Distribution request processing
> Preperation of "70 1/2" Required Minimum Distribution Reports
> 1099-R Preperation
> Preperation of annual IRS 5500 tax return
> Preperation of Summary Annual Report
These fees assume the plan has no more than five (5) investments and that the participants are permitted to change their investments no more frequently than the plan is valued. They also assume that all information requested by CWF will be provided timely and in the manner specified by CWF.
Plan Set-Up Fees
(one time only - includes completion of initial plan documents/amendments, setting up plan on system and providing forms)
New Plans - $250 + $2 per participant
Takeover/conversion plans - $350 + $3 per participant
Additional Fees and Services
Processing Participant Loans - $50 per participant loan per year
Additional Investments - $1 per participate for each additional investment option, with a minimum charge of $200 per additional investment
Election Changes more Frequently than Quarterly - $100
Excessive Accounting to be determined on a case-by-case basis) - $60 per hour
Preperation of IRS Determination Letter Request - $350 + IRS filing fees
Preperation of Summary Plan Description - $200 for initial master copy, $2 for each participant copy
Amendment Services - $100

Call our Sales Department for more information at 1-800-346-3961.

MSA Administration

Administration Services

IRS Required Reports & Notices

Form 5498/5498-SA
Form 1099-R/1099-Q

Operations Reports

Transaction Register
Distribution Report
Contribution Report

Customer Reports

Retirement Account Statement

Management Reports

Deposit Analysis Report
Distribution Analysis
Account Analysis

Support Services

Toll-free IRA consulting
Subscription to "The Pension Digest"

Call our sales department for a quote at 1-800-346-3961.