Company Structure

One of the questions that we tend to encounter is, "Whom do I contact at Preferred Pension Planning to answer my questions?"

Our office is organized into three departments: Business Development, Plan Administration, and Executive. When you first come aboard, our Business Development Department will set up your accounts and process the plan documents. Your Plan will be assigned to a Consultant in the Plan Administration Department. This consultant will be your main contact for all ongoing annual administration. Should you ever need additional assistance, a member of the Executive Team will be glad to work with you.

Listed below are the general responsibilities of each department. Specific descriptions of these services can be found on the Our Services page of this website. Our Company Profile page will show you the qualifications and experience of some of our key staff members.

Business Development Our Business Development Department does much more than just get our new clients on board. Their functions also include the following:	Design the plan that will best meet the company's objectives Gather the information that is necessary to keep the plan running smoothly Write the plan and trust document and secure government approval Provide clear and understandable employee communications materials Present investment options and coordinate with the investment provider Transfer assets seamlessly from a previous investment provider Prepare amendments, resolutions, and other documentation to reflect changes in plan design Set up payroll deductions and procedures for depositing contributions into the plan
Plan Administration The Plan Administration Department will keep your plan compliant throughout the year.	The Administrators will review the plan design, make recommendations, and will consult with you on any issues regarding plan management. Their functions include the following:   Obtain census, financial, and other information about the plan on an annual basis Run the various tests required to keep the plan in compliance with government regulations Prepare an annual report summarizing the plan's status Prepare required government forms and reports Work with your broker, accountant, attorney and other advisors to coordinate the responsibilities for plan administration Make recommendations for changes to improve the design and operation of the plan Answer questions as they arise
Executive The President and the Vice President oversee the operation of the company. You can contact them with any question about your plan. If they can't answer it for you immediately, they will direct the question to the right party and get you an answer as quickly as possible. Questions regarding fees and billing should be directed to the Vice President, Sheryl Guss.