June 30, 2011 Quarterly Processing

We are wrapping up our June 30, 2011 quarterly processing.  You should have already received your  personal quarterly statement of your account at your home address.  The market took a bit of a roller coaster  ride this quarter, but made up a lot of the ground in the last few weeks of June that it had lost earlier in the quarter.

Please contact your account administrator if you have any questions on your Employer Valuation Summary upon receipt.  Also, if there is ever anything we can do to perform our services for you that takes additional work off of your shoulders, please do not hesitate to ask. We will do everything in our power to accommodate all reasonable requests.

2009 and 2010 Form 8955-SSA

The IRS has extended the deadline for filing the 2009 and 2010 Form 8955-SSA; Annual Registration Statement Identifying Separated Participants with Deferred Vested Benefits.  The new deadline is the later of:  (1) January 17, 2012, or (2) the due date that generally applies for filing the 2010 Form 8955-SSA.  We will begin preparing Form 8955-SSA immediately following the IRS release of the finalized forms.  As with Forms 5500, we will have all Forms 8955-SSA prepared for your signature(s), scanned into electronic files and e:mailed to your office.

2011 Year End Preparation

We are into the second half of the year, and although we do our best to anticipate your goals based on previous activity, this is an excellent time to review your plan to make sure you are on track to accomplish your annual objectives.  Please contact your account administrator if you have any questions regarding your plan, including but not limited to:

• Maximum contributions for owners/officers
• Possible employer contribution allocations
• Terminated employees with remaining balances
• Usage options for the forfeiture account
• Projected testing results