Polycomp Administrative Services
FIRM INFORMATION 3000 Lava Ridge Court, Suite 130, Roseville, CA 95661
Joe Cattivera, (916) 751-2005, JCattivera@Polycomp.net
polycomp.netBUSINESS PROFILEYear established:
1974National or local TPA:
LocalAre you a producing TPA or a 'non-producing TPA'?
Non-producingDC recordkeeping platform:
No (use partner providers' platforms)NUMBER OF PERSONNEL SERVING RETIREMENT PLANSSenior management:
7Other managers/administrators:
46Actuaries:
0Sales staff:
6Support staff:
5RETIREMENT PLAN PROFILERetirement plan assets under administration:
2,220,000,000Total number of retirement plans under administration:
1,650Total number of retirement plan participants under administration:
38,900NUMBER OF PLANS BY TYPE401(k):
1,056403(b):
53457:
0Nonqualified Deferred Compensation:
0Other DC:
336Defined Benefit/Cash Balance/Hybrid:
205FEE STRUCTURESFixed fee:
Fixed fee dependent on services chosenPer participant fee:
YesBasis points on assets:
Other:
Fees offset by revenue sharing agreements?
It depends (please specify conditions below): Depends on vendor, and client's desires.State(s) where offices are located:
California (CA)PLAN ASSET SIZES SERVED<$1 million:
Yes$1 million - $5 million:
Yes>$5 million - $10 million:
Yes>$10 million - $25 million:
Yes>$25 million - $50 million:
Yes>$50 million - $100 million:
No>$100 million - $200 million:
No>$200 million - $500 million:
No>$500 million - $1 billion:
No>$1 billion:
NoRECORDKEEPING RELATIONSHIPSNumber of recordkeepers with DC selling agreements:
0Number of recordkeepers with DC assets:
30Number of recordkeepers where new plans placed:
10FIDUCIARY SERVICESPlan level 3(16) services:
NoPlan level 3(38) services:
NoParticipant level fiduciary services:
NoPRODUCTS/SERVICES OFFERED TO ADVISERS AND/OR PLANSCompliance support:
YesPlan benchmarking:
NoTarget-date evaluation tools:
NoInvestment committee meetings:
NoDesign/amend DC plan documents:
YesDesign/amend DB plan documents:
YesRecordkeeper transitions:
YesPrepare benefit statements:
NoProcess plan distributions:
YesPrepare loan paperwork:
YesNon-discrimination testing:
YesAllocation of contributions/forfeitures:
YesCalculate participant vesting %:
YesActuarial calculations & support:
YesForm 5500 preparation:
YesForm 5500 signing:
NoPlan audit support:
YesQDRO review:
YesSmall rollover IRA processing:
YesProvide fiduciary education:
YesAnnual 408(b)(2) assessment of fees:
NoInvestment selection services:
NoInvestment monitoring:
NoPRODUCTS/SERVICES OFFERED TO PLAN PARTICIPANTSEnrollment meetings (at time of hire):
YesRe-Enrollment meetings (after hire):
YesOne-on-one meetings with participants:
NoRollover assistance (into plan):
NoDistribution assistance (upon separation):
YesRetirement income planning:
NoFinancial/debt counseling:
NoEstate/tax planning:
NoAuthorize participant requests:
NoPrepare/deliver required participant notices:
No
