Spectrum Pension and Compensation, Inc.

Pension Advisory Services

Spectrum Pension and Compensation, Inc., serves the retirement needs of a diverse list of companies. From our Hudson Valley location, we have ready access to all major Northeastern urban centers.

We are a relationship-oriented third-party administrative Firm that provides personal attention to our clients, who range from sole proprietors through corporate plans in excess of 500 participants.

The services we provide include the following:

  • Identifying your organization’s retirement plan needs
  • Designing an appropriate plan
  • Providing actuarial and record-keeping services
  • Performing compliance services for your plan document
  • Educating participants

While the process of complying with the Internal Revenue Code is complex, the process of designing an appropriate plan, establishing investment objectives, providing ongoing administrative support, and effectively communicating with your employees can be simplified.

Spectrum has the ability to simplify:

  • Your business considerations
  • Your employees’ needs
  • Your investment objectives
  • Your administrative infrastructure

Supported by:

  • Customized plan design services
  • Plan document and submission services
  • Actuarial and record keeping services
  • Employee communication services
  • Compliance of trust activity
  • Determination of employee eligibility
  • Discrimination/compliance testing
  • Preparation of participants’ statements and forms
  • Preparation of annual government reporting forms

Designing the Plan

Spectrum Pension and Compensation, Inc., provides consulting and administrative services to sponsors of employee benefit arrangements, including Qualified and Non-Qualified Retirement Plans. In addition, we can assist you with all of your employee benefit needs, such as health insurance, life insurance, disability income, etc. We provide personal attention for a wide variety of services on a professional, cost-effective basis.

We provide administrative and compliance services for the following:

  • Defined Benefit Plans
  • Profit Sharing Plans
  • 401(K) Plans
  • Money Purchase Pension Plans
  • 403(B) Plans
  • ESOP’s
  • Non-Qualified Retirement Plans

Administering the Plan

We will perform the calculations necessary to assure that your plan satisfies the Internal Revenue Service’s requirements that govern plan operations.

We can assist you and your accountant in performing the necessary budgetary calculations that can aid in the operation of your plan. In addition, we can provide:

  • Traditional Balance Forward Administration
  • Plan Document Services
  • 1099-R and 945 Tax Filing Services
  • Compliance Reviews
  • Compliance with FASB

For further information on Spectrum Pension and Compensation with offices in Newburgh and Wappingers Falls, call or visit:

Lou Bach
lbach@specpension.com
845-567-6090

Thomas D. Weddell, CPA
tweddell@rbtcpas.com
845-567-9000 Ext. 242

Robert R. Marchione, CPA
rmarchione@rbtcpas.com
845-567-9000 Ext. 243

Steven E. Howell, CPA, DABFA
showell@rbtcpas.com
845-567-9000 Ext. 217