Tenent Financial Logo

(888) 901-3335 ext. 9

Self-Directed 401k Plan Installation

Before you implement a new or amended Self-Directed 401(k) plan, the plan must be submitted to the Department of Labor (DOL) and the Internal Revenue Service (IRS) for approval (qualification) to assure the plan is qualified. Tenet Financial Group's Self Directed 401(k) plan has been preapproved by the IRS. The qualification process is necessary to make the plan and trust operative as well as guarantee initial plan approval under the appropriate IRS Code Sections. During Self-Directed 401(k) plan qualification and implementation the following occurs:

  • Preparation of IRS qualification and Department of Labor approval documents (Form 5300 Series, Form 5302, Form 2848, Form SS-4)
  • Consultation as necessary with the Internal Revenue Service or the Department of Labor
  • Preparation of a Summary Plan Description of major plan provisions for employee distribution.