These are the companies that hold deep 401(k) and retirement plan recordkeeping expertise, since this is all they do. Surviving spouses of employees who died while actively employed and surviving spouses of retirees who retired under the General Retirement Plan, or who are receiving benefits under the Ford-UAW Retirement Plan. Temporary Part-Time employees (TPTs) are eligible for A-Plan … 4 Estimated joint assets under administration of Empower Retirement and MassMutual. This Roth feature within the VIP 401(k) gives employees added savings options within their retirement plan. But they’re typically paired with another 401(k) platform or service provider since independent recordkeepers aren’t exactly known for their front-end customer experience. 401k administrators for small business provide essential services to help business owners administrate and manage their 401k plans and the reporting requirements for them. Visteon has announced that effective January 1, 2011 a Roth 401(k) feature is being added to the VIP 401(k). Form 5500 is a tax form that 401(k) plan administrators are generally required to file annually, so if you can track down your plan's Form 5500, you'll find the plan administrator's … If you meet the eligibility requirements for retirement under the Ford of Canada - Unifor Retirement Pension Plan and you make application to the joint Pensions Board of Administration, you will receive, upon Board approval of your application, a monthly Basic Pension Benefit payable for life. Administrative and ERISA Information Employer number When you work with us, we’ll get to know your business so we can help design a retirement program that works well for you and your employees. The retirement benefit paid to a retiree is typically calculated using a formula which often employs years of credited service under the plan and salary information. Carefully consider the investment option’s objectives, risks, fees and expenses. Our 401(k) and other retirement plans help employers like you attract and retain talented employees. When you work with us to offer a retirement plan for your business, you will benefit from: FORD MOTOR COMPANY GENERAL RETIREMENT PLAN is a Defined Benefit Plan providing retirees with a predetermined monthly retirement benefit upon reaching a specific age. A Domestic Relations Order becomes a 'QDRO' when it is determined by the Plan Administrator to have met qualification requirements in accordance with The Employee Retirement Income Security Act of 1974, as amended, and The Internal Revenue Code of 1986, as amended. The Plan Administrator for the UAW-Ford Legal Services Plan is: Administrative Committee c/o Robert Esler Director, UAW-Ford Legal Services Plan 7430 2nd Avenue Detroit, Michigan 48202 (312) 872-5200 Plan Sponsor Ford Motor Company is the Plan Sponsor for all the Plans listed in this handbook. Depending on the type of retirement, your age, All U.S. Fidelity Interactive Content Services LLC ("FICS") is a Fidelity company established to present users with objective news, information, data and guidance on personal finance topics drawn from a diverse collection of sources including affiliated and non-affiliated financial services publications and FICS-created content. Offering a 401k plan to your employees is a good way attract top talent to your company and provide your employees with an opportunity to save money for retirement. You should consider whether rolling over a 401(k) to an IRA is a better option than either leaving it invested when you leave your job or moving the money to your new employer's retirement plan. The role of the 401(k) recordkeeper is an important one.
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