Castle Rock Investment Company

Independent Guide, Trusted Partner.

Highly-compensated employees

How May I Help You?

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Castle Rock is dedicated to making retirement transition easy for you. One of the best ways to do that is to be with you in retirement transition and throughout the different stages of your retirement. We are excited to announce that we will soon offer a Retirement Transition Service to ease the retirement process for individuals, and to provide our clients with the piece of mind that all participants are taken care of.

Because we want you to have a part in how we build this new service, please reach out to me at Katherine@CastleRockInvesting.com with your comments and goals for retirement. We will try to incorporate as much as we can into the best service for you.

Stay tuned as we introduce the details of this program!

It’s Time for Nondiscrimination Testing!

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Happy New Year from Castle Rock Investment Company!

The New Year means many tasks for your to-do list, which may include passing the Actual Deferral Percentage (ADP) test. If you fail the test, it means that your company’s highly compensated employees, or those who made more than $110,000 in 2010 or own five percent of the employer, made excess 401(k) contributions in 2011.

These excess funds must be refunded back to the employees by March 15th, 2012. Failure to do so could result in a 10 percent penalty by the IRS.

There are many reasons why you may have failed nondiscrimination testing, including that your plan is not properly aligned with your employees’ needs, or that your administrator is not properly monitoring the situation.

If you have questions about this process, please feel free to contact me at 303.725.7086 or by email at MSuriano@castlerockinvesting.com.

Best Regards,

Michele L. Suriano, QPFC, TGPC, AIF®
President