Since our founding, ABP's core competency has been servicing qualified retirement plans. We have experience with plans that range from 1 to 1,000 participants. ABP administers the following type of plans:
Profit Sharing Plans
Money Purchase Pension Plans
Traditional Defined Benefit Plans
Cash Balance Plans
We offer a full list of services for qualified retirement plans, including the following:
ABP employs a fee for service model. We use a standard fee schedule and engage all clients with an administrative services agreement that typically identifies a flat dollar fee for each defined service. Time and charges billing applies only to unusual situations where it is not possible to precisely identify the scope of work.
By using TPA allowances from recordkeepers to offset our invoices to clients, ABP remains unbiased to the various recordkeeping platforms that can be used for plan services. This allows us to recommend the best possible solution for each of our clients.