OUR SERVICES

A Creative and Disciplined Approach to Tax-Qualified Retirement Plan Administration

SI GROUP provides plan design, administration and support services for plan sponsors and advisors related to 401(k), defined contribution, defined benefit and 403(b) plans. In all the work we do, we emphasize accuracy, timeliness and the highest level of customer service.


Plan sponsors look to SI GROUP to perform a wide variety of services

  • Plan design and redesign
  • Plan consulting
  • Plan administration and compliance
  • Nondiscrimination testing
  • Trust reconciliation
  • Government forms/5500s
  • Processing of participant claims for benefits
  • Audit assistance
  • Newsletters and other educational materials

CEFEX Certification and Due Diligence

Because one TPA firm is essentially performing the same tasks as another, plan sponsors can find it difficult to compare one TPA firm to another. Choosing the best TPA can be a daunting task. Motivated by a desire to differentiate itself from the competition, SI GROUP subjected its business practices and policies to a certification process sponsored by the American Society of Pension Professionals and Actuaries (ASPPA). Currently, there are fewer than 50 TPA firms in the United States that have achieved this certification, which is known as CEFEX.

ASPPA’s CEFEX certification program looks at a firm’s stability, its long-range and succession planning, and a total of 17 best practices which are intended to provide the foundation and framework for disciplined recordkeeping and administration processes. Thanks to the rigors of this process, a plan sponsor can confidently select a TPA holding CEFEX certification, knowing that senior management demonstrates expertise in the retirement industry, that the organization on the whole has the capacity to services its client base and that the work done is performed in a timely and accurate manner.

SI GROUP achieved its CEFEX certification in 2008. Additionally, the company undergoes an ASPPA-directed audit annually. SI GROUP has maintained the highest “AAA” rating from year to year.

 

About SI GROUP

Trust. Integrity. Expertise. Those are some of the reasons SI GROUP Certified Pension Consultants is Hawaii's largest third-party administration (TPA) firm for tax-qualified retirement plans. We’ve been in this business for 30 years and we administer approximately 800 profit sharing, 401(k), money purchase, 403(b), Cash Balance and traditional defined benefit pension plans for 18,000 participants. The total value of assets in these plans exceeds $1.3 billion.

Contact Us

SI GROUP Certified Pension Consultants

1299 South Beretania Street
Suite 315
Honolulu, Hawaii 96814

Tel: 808.748.7700
Fax: 808.748.7799