Seamless Outsourcing of Defined Contribution / 401(k) Plan Administration
Streamline your operations with PRAVIH’s all-in-one outsourced 401(k) Plan Administration services. Precise, reliable, and timely solutions for your business that ensure compliance and maximize efficiency.
Our Services
Outsource your DC / 401(k) Plan Administration to us for seamless and efficient operations. We handle everything from Census data scrubbing, complex contribution calculations, Asset reconciliation, Annual form filing like 5500 etc. Trust PRAVIH to manage all aspects of plan administration with precision, timeliness and transparency.
Census Scrubbing & Eligibility Calculation
Accurate employee data review and eligibility validation to ensure compliance and proper plan participation tracking.
Contribution Calculation & Continuing Eligibility
Handles deferrals, Safe Harbor contributions, profit sharing, and integrated contributions with precision.
Trust Accounting & Asset Reconciliation
Regular reconciliation for compliance and accurate reporting to maintain fiduciary responsibilities.
Compliance Testing
ADP, ACP, Top Heavy, Coverage tests, and corrective actions to ensure regulatory compliance.
Form Preparation & Filing
Form 5500, participant statements, and other annual filings handled with expertise and timeliness.
Personalized Participant Statements
Customized statements for clear account insights and enhanced participant engagement.
Why Choose Us
Experience the difference with our comprehensive approach to 401(k) plan administration
Proven Expertise and Compliance
Our team brings extensive experience in managing 401(k) plans, ensuring thorough compliance with ever-evolving regulations. We stay abreast of industry changes to provide reliable, accurate administration that meets all legal requirements.
Cost-Effective Management
By outsourcing your 401(k) Plan Administration, you benefit from reduced operational costs and access to expert resources without the need for internal investment in specialized staff or technology.
Focus on Your Core Business
Let us handle the complexities of 401(k) Plan Administration so you can concentrate on what you do best - driving your business forward. Our service allows you to allocate resources more effectively and focus on strategic growth.
Comprehensive Plan Reviews
We conduct regular reviews of your 401(k) plan to ensure it remains competitive and meets your evolving needs. Our team offers recommendations for plan improvements and adjustments based on industry trends and best practices.
Transparent Pricing Structure
Enjoy clear and upfront pricing with no hidden fees. We provide a transparent cost structure, so you know exactly what you’re paying for.
Robust Security Measures
Protecting your plan data is a top priority. We implement rigorous security protocols and encryption technologies to ensure your information is safe from unauthorized access and breaches.
Exceptional Support and Communication
We pride ourselves on delivering exceptional customer service. Our dedicated team is always available to provide support, answer queries, and offer proactive solutions to ensure smooth plan operation and employee satisfaction.
Dedicated Account Management
Each client is assigned a dedicated account manager who serves as your primary point of contact. This ensures personalized attention, consistent support, and a deep understanding of your plan’s unique needs.
Scalability and Flexibility
Whether you’re managing a small or large plan, our services scale with your needs. We offer flexible solutions that adapt to changes in your business size or plan complexity, ensuring continued efficiency and support.
Customized Solutions
We understand that each business has unique needs. Our services are tailored to fit your specific requirements, providing a personalized approach that aligns with your organizational goals and employee needs.
Other Services
Expand your administrative capabilities with our additional specialized services
ESOP Plan Administration
PRAVIH provides end-to-end outsourcing services to ESOP TPAs allowing them to focus on delivering top-tier client service. We handle critical tasks like participant record management, compliance testing, and transaction processing, and regulatory compliance. Our flexible & scalable outsourcing model helps TPAs reduce operational costs and enhance service delivery without sacrificing quality.
Welfare Plan 5500 Filing
PRAVIH offers a full suite of solutions to meet your needs for Welfare Plans 5500 filings and other miscellaneous compliance and regulatory services. Partner with us for seamless administration, peace of mind and dedicated support in every step of the way.