Rehmann Financial
FIRM INFORMATION 39300 W 12 Mile Road, Suite 100, Farmington Hills, MI 48331
Gerald Wernette, (248) 579-1163, gerald.wernette@rehmann.com
rehmann.comBUSINESS PROFILEYear established:
1941National or local TPA:
NationalAre you a producing TPA or a 'non-producing TPA'?
EitherDC recordkeeping platform:
No (use partner providers' platforms)NUMBER OF PERSONNEL SERVING RETIREMENT PLANSSenior management:
2Other managers/administrators:
12Actuaries:
1Sales staff:
0Support staff:
3RETIREMENT PLAN PROFILERetirement plan assets under administration:
1,500,000,000Total number of retirement plans under administration:
600Total number of retirement plan participants under administration:
42,000NUMBER OF PLANS BY TYPE401(k):
510403(b):
10457:
5Nonqualified Deferred Compensation:
3Other DC:
37Defined Benefit/Cash Balance/Hybrid:
44FEE STRUCTURESFixed fee:
Fixed fee dependent on services chosenPer participant fee:
YesBasis points on assets:
Other:
Fees offset by revenue sharing agreements?
Yes State(s) where offices are located:
Florida (FL), Michigan (MI), Ohio (OH)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:
Yes>$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:
50Number of recordkeepers with DC assets:
43Number of recordkeepers where new plans placed:
8FIDUCIARY SERVICESPlan level 3(16) services:
YesPlan level 3(38) services:
YesParticipant level fiduciary services:
NoPRODUCTS/SERVICES OFFERED TO ADVISERS AND/OR PLANSCompliance support:
YesPlan benchmarking:
YesTarget-date evaluation tools:
YesInvestment committee meetings:
YesDesign/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:
YesPlan audit support:
YesQDRO review:
YesSmall rollover IRA processing:
NoProvide fiduciary education:
YesAnnual 408(b)(2) assessment of fees:
YesInvestment selection services:
YesInvestment monitoring:
YesPRODUCTS/SERVICES OFFERED TO PLAN PARTICIPANTSEnrollment meetings (at time of hire):
YesRe-Enrollment meetings (after hire):
YesOne-on-one meetings with participants:
YesRollover assistance (into plan):
YesDistribution assistance (upon separation):
YesRetirement income planning:
YesFinancial/debt counseling:
YesEstate/tax planning:
YesAuthorize participant requests:
YesPrepare/deliver required participant notices:
Yes
