The Maximum Advantage Pension Planning division of TASC, MAPP, is a business retirement plan
that offers businesses flexible plan documents, plan design consultation, IRS compliance, and plan
operation support.
MAPP offers the following plans:
-
401(k) Profit Sharing Plan
Allows elective deferrals, a discretionary match, and a discretionary profit sharing contribution. -
401(k) Profit Sharing Plan with a Safe Harbor Match
Allows elective deferrals, a mandatory match, and a discretionary profit sharing contribution. - Profit Sharing Plan Allows a discretionary profit sharing contribution up to a deductible.
- Money Purchase Plan Allows a mandatory deductible contribution.
TASC also offers an Individual 401(k) under our
RetirEez division.
As a MAPP Provider You Will:
- Increase your product sales and commissions by offering a product-neutral approach to Retirement Plans.
- Increase Client allegiance, create potential income from plan consulting and administration and add income from investments.
- Gain a unique and diverse portfolio of services for your Clients. This may include self directed investments, flexible plan documents, employee communication support, ongoing plan document compliance, and integration with Social Security.
- Receive prototype Plan Documents for Qualified Plans, including 401(k)s, unrestricted investment selection, and optional low cost plan administration. Increase opportunities for additional revenue.
All MAPP Providers Receive:
- Participate in MAPP’s lead network.
- Receive a comprehensive Provider Manual for your reference.
- Receive regular newsletters and technical bulletins with updates or changes in tax law.
- Receive marketing materials, including point-of-sale brochures, participant enrollment forms and display stands.
- Can count on toll-free support.
- Receives a retirement plan comparison chart.
MAPP Providers Are Expected To:
- Sign the Provider Agreement and return it with the appropriate fee. (Mail the Agreement to TASC, 2302 International Lane, Madison, WI 53704-3140 or fax it to 608-241-4584.) You will receive your Provider I.D. number and marketing materials in a matter of days.
- Assist Clients with completing the Plan Application. Accurate and complete Plan Applications are essential to properly install a MAPP Retirement Plan. The MAPP Provider should help determine the type of retirement plan that is best suited to the Client’s business. MAPP will help with Plan selection. Once the plan is selected, an Adoption Agreement will customize Plan operations to fit the business’ needs.
- Calculate the fee. Using the MAPP Fee Schedule, determine the fee for your Client’s group.
- Mail the completed Adoption Agreement and a Service Agreement, along with the appropriate fee, to MAPP. MAPP will review the Adoption Agreement for accuracy and thoroughness. The Employee Enrollment Kits will then be sent to the group’s designated contact person. An Employer Kit will be generated and sent as well. This will contain Plan documentation, Plan operational information and required employee communication materials.
Take the first step and contract now! For questions, or to sign up to bring this valuable
service to your business clients, contact your local Regional Sales Director, call Provider
Services at 1-800-422-4661, or e-mail us at
sales@tasconline.com.