Product and Services
RCP Solutions simplifies the administrative complexities of defined contribution and defined benefit plans. We help retirement plan sponsors, retirement plan administrators, third party administrators, and record keepers stay compliant with ERISA and Department of Labor guidelines while navigating challenges such as communicating with missing and terminated participants, managing terminated or abandoned plans, and implementing cost reduction strategies for ongoing plans. We also partner with auditors, actuaries, attorneys, and trust companies.
Active Plan Services
Turn to us when you need help ensuring compliance and managing terminated employees.
PLANSCAPE™
We conduct an analysis of plan participants identifying inconsistencies in participant addresses, errors in Social Security numbers, and updates to life status. In short, we “clean up” your database of participants so it is current and accurate. We can conduct this service on a quarterly, annual, or as-needed basis.
OUTREACH™
With this service, we perform all of the activities of PLANSCAPE but we also go a step further. RCP Solutions Retirement Plan Management Services locates and communicates to plan participants of choice, helping to confirm updated data, and ultimately, enhance the cost effectiveness of plan management.
Uncashed Check Resolution
Working with our clients, RCP Solutions Retirement Plan Management Services customizes a program to reduce the risks and costs associated with uncashed checks. Whether you’re in need of treasury management services or need help building an effective communication and final distribution strategy for 401k termination distributions, we have extensive experience to guide you through this complex process.
Terminated Plan Services
Count on RCP Solutions when you need to terminate a defined contribution plan. Doing so is a complicated and rigorous process, one best left to experts who handle it on a daily basis.
CLOSURE™
The first comprehensive solution for rapidly terminating a defined contribution plan. By resolving the complex issues that often derail plan terminations, RCP Solutions Retirement Plan Management Services helps you save time and ensure compliance while reducing your administrative burden. With the CLOSURE solution, we analyze plan participants identifying address inconsistencies, inaccuracies within participant data, and updates to life status. Our team then takes you through the recommended steps of a plan termination including the required actions required by the Department of Labor. The process is completed when all assets are removed from the plan.
CLOSUREPlus™
This suite of value-added custom services is designed to help you meet other requirements such as resolving the assets of deceased participants and managing participants who have larger account balances.
