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About Pinnacle

A 401(k) Third Party Administrator of Exceptional Caliber & Experience
Pinnacle Financial Services recognizes each client’s unique needs. Established in 1984, Pinnacle is committed to providing the highest quality in retirement plan record keeping. Focusing on your needs, we support your success by providing administrative, record keeping and consulting services necessary to enhance the benefits provided to your clients, employees and members.

Pinnacle’s service philosophy is founded on the ability of our staff. With more than 100 years of combined experience, our senior administrative staff has the knowledge that you need. Our pension administrators demonstrate their core competency in 401(k) plan record keeping by completing certification courses with the American Society of Pension Professionals & Actuaries (ASPPA) and ongoing in-house continuing education programs.

We specialize in multiple employer plan design options for Professional Employer Organizations (PEO), Administrative Service Organizations (ASO), Payroll Companies and Associations. With interim ADP/ACP and Top Heavy testing, contribution verification, and audited distributions, we provide full-scale administration throughout the year that increases your satisfaction.

Pinnacle has over 25 years of commitment to administering 401(k) plans. We have mastered the administration of multiple employer plans. What is routine for us can often be a problem for other third party administrators. PEO, ASO and Association plans frequently require plan transfers, spinoffs and mergers. We manage the complex compliance issues of combining separate 401(k) plans into one multiple employer plan. Pinnacle’s experience and expertise gives you peace of mind that the job is being done right.

Pinnacle Financial Services has achieved certification through the joint program conducted by ASPPA and Centre for Fiduciary Excellence (CEFEX). Our integrated approach is fully committed to providing the optimal 401(k) retirement plan experience. If you are interested in finding out more information on how Pinnacle Financial Services could benefit you, please give us a call at (561) 547-4200.

Experience

  • 26 Years Administering 401(k) Plans
  • 30+ Plan Administrators, Assistants and Data Processors

Demographics

  • Over 2,000 Plans
  • Over 26,000 Participants

Certifications

  • Industry leading certification sponsored jointly by the Centre for Fiduciary Excellence and the American Society of Pension Professionals and Actuaries.

Departments

  • Client Services Department
    • Client Services Manager 10+ yrs experience
    • Designated Team for all incoming E-mails and Phone Calls
    • Processing of all Loan and Distribution requests
    • Processing of Quarterly Projected participant eligibility
    • Assist’s new clients with implementing processes and procedures to accommodate their needs
  • Compliance and New Plan Department
    • Compliance Manager, 22 years experience
    • Works with clients, auditors, accountants, TAG, DOL, and ASPPA regarding ERISA law and current IRS regulations
    • Plan design team assists in coordination with clients, attorneys and producers to finalize 401(k) plans
    • Acts as liaison between investment company and client
  • Plan Reconciliation Department
    • Plan Administration Manager, 14 years experience
    • Monitors all financial and accounting aspects of mergers, spin-offs, terminations and prepares annual plan valuations
  • IT and Processing Department
    • IT Department Manager, 11 years experience
    • Works with your IT department to ensure accurate uploads of data in multiple formats to secured website
    • Processes all contribution files and uploads of contribution to investment company

Multiple Options Tailored to Meet Your Needs

  • Eligibility – Projections for newly eligible participants with tailored participant interface
  • Testing– Interim, ADP, ACP, TH, 404, 415, 410(b)
    • Make necessary recommendations to correct current failures and to avoid potential plan excess funding
  • Tax Reporting – Signature ready 5500’s with all related schedules
  • Takeover Assets – Prepare Sarbanes-Oxley notice; Allocations of merged assets
  • Contribution Processing – Weekly, bi-weekly, semi-monthly, monthly
  • Loans – Prepare loan documents, amortization schedules, process payments
  • Distributions – Prepare documents, process distributions and rollovers
  • Administration Software – Relius by SunGard Corbel, a leading provider of software and services for the employee benefits industry. They have served TPA’s nationwide for more than a quarter century.