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Why do I have so many people to deal with on my plan? Many plans are set up in such a way that employers must go to one party for questions of investments and other parties for questions regarding recordkeeping. There may yet be another party for questions on discrimination testing. 3rd Party Administrators charge from $700 to $1200 or more per year for testing 5500’s, etc. With the Beneco plan, you are given one party to whom you may address all of your questions. This saves you time and lets you focus on what you do best while we can work with you to take care of your retirement plan.
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