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Complete Payroll Integration

Streamline your Payroll and 401(k) Processes. If you’re like most businesses, you most likely use separate providers for payroll processing, retirement plan management and TPA/recordkeeping. What if you could manage these processes with one company and one vendor partnership to manage? HKFS Retirement Plan Services works with your payroll provider to bring those services together.

HOW CAN WE HELP?

Complete Payroll Integration

Our innovative approach to recordkeeping technology allows for vast time savings, accuracy and ease of use for your administrative team in addition to top-notch security methods. Here’s how:

  • Time Savings – Minutes after payroll is submitted, contributions and payments are processed and completed. Enrollment material for newly eligible employees is sent to you automatically.
  • Administrative Ease – All census data changes are updated and annual compliance testing is provided at year end. Employee deferral elections and status changes are automatically updated.
  • Liability and Fiduciary Responsibility – Alleviate fiduciary responsibility and ensure compliance with governmental regulations while maximizing contributions for owners and increase savings for employees.
  • Investment Management – Our independent financial advisors investment advice and financial education. Solutions are customized to fit your needs and fees are for the services received.
  • TPA/Record Keeper – Compliance is ensured with all government regulations. Benefit statements are prepared and plans are tested.

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