Robert Fazekas Email & Phone Number

Generated retirement document packages utilizing Relius software prototype, volume submitter, and individually-designed plans making sure that the plans met the form requirements for §401(a) of the IRC.Ensured retirement plan documentation satisfied Employee Retirement Income Security Act (ERISA), Department of Labor (DOL), IRS and legislative requirements; drafted documents utilizing current “Cumulative List” for the applicable plan year looking for any statutory, regulatory, and guidance changes for submissions by plan sponsors. Consulted on plan designs for §457, §403(b), and §401(a) retirement plan document packages to ensure that they met with client specifications and there were no “cut back” in benefits to participants who had accrued a non-forfeitable right to those benefits. Managed the processing of amendments, mergers, and plan terminations in compliance with the IRC insuring the plan conformed to the client’s desired plan design maintaining the plan’s tax exempt status.Identified process improvements to create efficiencies in document preparation standards for multiple projects to ensure accuracy and timely deliverables. Designated as the “subject matter expert” on Implementation Conference Calls with clients and answered inquiries about their plan document design.Reviewed the work for a team of 10 processers developing their overall knowledge and understanding of retirement plans, created default document checklists expediting in the mapping of prior plan provision onto an EGTRRA/PPA restated plan document. Developed procedures for updating plan documents for EGTRRA or other IRS required legislative amendments, provided examples and interpretations of the legislative language on the impact to certain affected plan participants.

Drafted, prepared and submitted plan documentation to the IRS and provided technical support with IRS required submission forms, 5300, 2848 or 8717 along with attachments related to Controlled Group entities, and provided Notices to affected participants in accordance with Department of Labor (DOL) regulations.Served as Plan Administrator Designee for reviewing Qualified Domestic Relations Order (QDRO) from external attorneys and ensured that it satisfied §414(p) of the IRC, drafted either Notice of Receipts, Notice of Qualification or Notice of Non-qualification and addressed any deficiencies with explanations and examples on how to correct defects. Prepared take-over plan documents and re-stated them onto NYLIMs customized IDP documents thoroughly reviewing clients’ prior plan documents via a side-by-side analysis that denoted current provisions of the plan and suggested alternatives that would best suit their needs. Completed requisite documentation under the Self Correction Program of Employee Plans Compliance Resolution System (EPCRS) for the §401(a) and §403(b) retirement plans. Communicated with Account Managers and Relationship Manager about the plan operation and consulted with outside counsel about QDRO deficiencies.Created QDRO template and trained associates on how to extract pertinent information from court orders to generate merge files increasing the volume of production resulting in increased revenue.Created participant disclosure documents from Investment Fund Line-up and developed Enrollment Kits and Participant Summaries.

Consulted with clients, brokers, and internal associates on compliance issues related to client retirement plan legal documentation, plan restatement, plan termination and merger document packages along with prepared resolutions, plan amendments, and participant notices.Drafted prototype, volume submitter and individually-designed plan document packages utilizing Relius software and completed IRS determination letter submissions.Collaborated with Implementation Department serving as “subject matter expert” for take-over plan documents.Completed plan valuations and discrimination testing to ensure that the plan document did not discriminate against highly compensated employees (HCE).