Reed-Ramsey, Inc.

Firm Profile

Reed-Ramsey is a non-producing benefit and human resource consulting firm with our core business in the retirement plan area. We provide services for all defined contribution, ESOP and defined benefit Plan designs. Reed-Ramsey creates strategic alliances with investment professionals to meet our mutual client’s needs

Throughout our 70 plus years, we have been known as problem solvers. We provide our clients with a customized approach. In an alliance with the investment advisor, we can provide the advantage of one-stop shopping for the defined contribution plans while still providing our clients with the expertise of firms who specialize in the three important functions required for qualified plans: recordkeeping, asset management and education/ communication.

One item that differentiates Reed-Ramsey from many of our peers is our commitment to provide high quality service with a personal touch. Each client is assigned a primary administrator and a back-up team. They are involved from start-up (conversion) right through to every administrative/recordkeeping function. The process is not departmentalized but performed by the same individuals who have a broad knowledge of the plan and its legal requirements. Reed-Ramsey’s employees are generally with us for the long-term. This means a consistent approach and unparalleled service.

While our office is in the Chicago area we function on a national scale and focus on mid-size clients.

Key Contacts

Robert Reed, 630-571-4584 x 109, rob@reed-ramsey.com

Website

http://reed-ramsey.com

Est. 1940s

State(s) with a Physical Presence

IL

Sponsored Plans Supported

10,150

Kinds of Plans Supported

  • 401(k)
  • Traditional Defined Benefit
  • Cash Balance/Hybrid
  • Profit-Sharing
  • Money Purchase Pension
  • 403(b)
  • 457
  • Non-qualified Deferred Compensation
  • Other DC Plans

Target Market

National and generally plans with less than 1,000 participants

Custodians Used

Where we do the daily record keeping Schwab TD Ameritrade, Matrix, and Fidelity.
TPA currently American Funds, John Hancock, Voya, Merchants Bank, Transamerica, Principal
DB Which ever custodian the Plan selects. most have Northern Trust, Comerica, Wells Fargo, Schwab Trust, John Hancock

Services Provided

  • Compliance Support
  • Preparation of Loan Paperwork
  • Processing of Loan Applications
  • Non-Discrimination Testing
  • Plan Design Consulting
  • Plan Audit Support
  • Actuarial Calculations & Support
  • Form 5500 Preparation
  • Plan Benchmarking
  • QDRO Review
  • Hardship Distribution Requests
  • Plan Committee Meetings
  • Employee Education
  • Enrollment Meeting Support
  • Call Center