Welcome to Accrue, a company focused on providing expert recordkeeping and administration services for your retirement plan.
Our services explained
Our work is divided into two key areas to help your plan run smoothly and efficiently.
Recordkeeping
Think of recordkeeping as the system that tracks every detail of your 401(k) plan. In this role, we handle the day-to-day administration of your plan’s assets and information.
This includes:
Tracking contributions: Accurately logging all money contributed by both employees and the company.
Maintaining account balances: Keeping a real-time record of each individual's account balance, including investment gains and losses.
Processing transactions: Processing requests for withdrawals, rollovers, loans, etc.
Providing access: Giving plan sponsors and participants a secure online portal where they can view balances, contributions, and investment performance.
Administration
Administration is the back-end work that makes plans run smoothly. We also handle most complex compliance and reporting tasks so you don't have to.
This includes:
Compliance testing: Performing most required annual tests to confirm the plan is fair and does not favor highly compensated employees.
Reporting and filing: Preparing and filing reporting for the Internal Revenue Service (IRS) and Department of Labor (DOL) (e.g., 1099-R documents, the annual Form 5500).
Support for your account
Our dedicated support team is available to answer your questions and assist with your account needs.
We are committed to building the future of retirement with a focus on seamless service and support.