Employee Benefits that Connect!

We believe you should use specialists, products and services that best fit your business.  The biggest or most complex is no more the best, than is the simplest or cheapest.  The secret is finding the match that’s right for you and your business.  Payroll and Benefits Administration touches many aspects of your business.  Job costing or cost of goods, employee morale, risk management,  legal requirements, compliance issues, and time requirements are just a few examples.  Our payroll services must complement your employee benefits options, retirement plans, workers’ compensation insurance, and expense reimbursement needs.

 It would be foolish for us to proclaim that we were the best at what we do and all those other fields of expertise as well.  We believe you and your advisors should choose those programs that are right for your business.  That way you may rest assured you have the best combination for your success. 

Our pledge is that we will connect with your choice of providers to create seamless and cost effective integration whenever possible. 

 Another benefit to you is that all your eggs are not in one basket.  If a single vendor holds all your services and you become dissatisfied, then you risk having to change every program they administer.  With distributed responsibilities you can choose most appropriate combinations without having to relocate all services.

H R Ledger integrates with all plans and programs so you can choose the local professional who is most appropriate for you and your business.  Please consult your broker, advisor, or HR consultant for specific expertise in these areas.  We will be pleased to refer you to one of our professional affiliates, should you request one.

HR Ledger has establish working relationships with several retirement plan administrators.   If you are looking for high value, quality solution for your retirement plan needs please visit our affiliates or contact us

Please call (800) 451-1136 or write us at Customer Support to receive more details on how HR Ledger connects with both individual and company sponsored retirement plans.

We enjoy seamless connections with the following companies:

I n d i v i d u a l s

Individual Retirement Accounts (IRA)

Anyone who has not reached age 70 1/2 by the end of the calendar year and has earned income may establish and contribute to a traditional IRA  (Restrictions on deductibility of contributions do apply.  Please consult with your investment counselor)

Individual Retirement Accounts can be designated as one of an employee's direct deposit institutions so regular IRA deferrals can be made.

Roth IRA

Anyone with earned income and a Modified Adjusted Gross Income (MAGI) within the applicable limits (Restrictions on contributions do apply.  Please consult with your investment counselor)

Individual Retirement Accounts can be designated as one of an employee's direct deposit institutions so regular IRA deferrals can be made.

B u s i n e s s

P l a n s

Simple IRA

- Sole Proprietorships

- Partnerships

- S and C Corporations

- L.L.C.

- Non-Profit Organizations

- Government Entities

 -Maximum of 100 employees who earn $5000 or more in compensations

- Make individual deferrals as part of direct deposit to employee accounts

- Make employer contributions as part of payroll

- Provide reporting for employers to use in determining contributions

Simplified Employee Pension (SEP IRA)

- Sole Proprietorships

- Partnerships

- S and C Corporations

- L.L.C.

- Non-Profit Organizations

- Make individual deferrals as part of direct deposit to employee accounts

- Make employer contributions as part of payroll

- Provide reporting for employers to use in determining contributions

SARSEP

- Repealed in 1997 but grandfathered if established before 01/01/1997

- Make individual deferrals as part of direct deposit to employee accounts

- Make employer contributions as part of payroll

- Provide reporting for employers to use in determining contributions

401(k)

- Sole Proprietorships

- Partnerships

- S and C Corporations

- L.L.C.

- Non-Profit Organizations

- Make individual deferrals as part of direct deposit to employee accounts

- Make employer contributions as part of payroll

- Provide reporting for employers to use in determining contributions

- Provide reporting for Employers and administrators to perform require testing.

Safe Harbor 401(k)

- Sole Proprietorships

- Partnerships

- S and C Corporations

- L.L.C.

- Government Entities

- Make individual deferrals as part of direct deposit to employee accounts

- Make employer contributions as part of payroll

- Provide reporting for employers to use in determining contributions

Profit sharing

- Sole Proprietorships

- Partnerships

- S and C Corporations

- L.L.C.

- Government Entities

- Make individual deferrals as part of direct deposit to employee accounts

- Make employer contributions as part of payroll

- Provide reporting for employers to use in determining contributions

Age Weighted and Capability Profit Sharing

- Sole Proprietorships

- Partnerships

- S and C Corporations

- L.L.C.

- Non-Profit Organizations

- Government Entities

- Make individual deferrals as part of direct deposit to employee accounts

- Make employer contributions as part of payroll

- Provide reporting for employers to use in determining contributions

Define Beneift

- Sole Proprietorships

- Partnerships

- S and C Corporations

- L.L.C.

- Non-Profit Organizations

- Government Entities

- Make individual deferrals as part of direct deposit to employee accounts

- Make employer contributions as part of payroll

- Provide reporting for employers to use in determining contributions

403(b)

Limited To:

- Tax exempt charitable organization that qualify under IRS Code 501(c)(3)

- Public School Systems

- Make individual deferrals as part of direct deposit to employee accounts

- Make employer contributions as part of payroll

- Provide reporting for employers to use in determining contributions

457(b)

Government

- State and local governments.  Participation determined by employer.

- We are currently reviewing how we may assist employers with this type of retirement plan.

457(b)

Tax Exempt Organization

- 501(c) tax exempt organizations (excluding church and church controlled organizations.  Participation limited to select group of management or highly compensated employees.

- We are currently reviewing how we may assist employers with this type of retirement plan.

457(f)

- Usually used for tax-exempt organizations.  rarely used by government entities.  Participation limited to select group of management or highly compensated employees.

- We are currently reviewing how we may assist employers with this type of retirement plan.