What is the timing of your billing?

We bill our set up fee upfront when the plan is drafted. If you are setting up a plan during the calendar year that you establish it for, your annual administration will be billed in April of the following year.

If you are setting up a plan for the prior calendar year, you will be billed upfront for both the set up fee and annual administration.

Annual administration covers all actuarial certifications, IRS filings and plan reporting. Going forward, the annual administration is due each April when we begin working on all annual administration.