Business Details
Trusted Retirement Plan Consulting Services
Shore Tompkins is a leader in designing and administering retirement and pension plans, specializing in 401k, 403b, and Cash Balance plans. Our consultants average over 20 years of professional experience, offering tailored solutions that align with clients' unique goals. We prioritize proactive communication, ensuring clients understand evolving regulations and their impact on retirement strategies. Our team holds memberships in prestigious organizations like the American Academy of Actuaries and the Society of Actuaries, underscoring our commitment to expertise and compliance.With a focus on personalized service, we partner with financial advisors and employers to deliver creative, compliant retirement solutions. Our dedication to continuing education ensures our consultants remain at the forefront of industry advancements. Clients benefit from streamlined administration, compliance testing, and strategic consulting, supported by a 98% satisfaction rate in client surveys. We emphasize transparency, timely advice, and a client-centric approach to build long-term trust and success.
Services
401k Plans
Cash Balance Plans
Defined Benefit Plans
Profit Sharing Plans
Retirement Plan Consulting
Highlights and features
- Our consultants average over 20 years of retirement plan expertise.
- We deliver tailored solutions based on company demographics and goals.
- Proactive communication ensures clients stay informed of regulatory changes.
- 98% of clients report being 'Extremely Satisfied' with our service.
- Memberships in AAA, SOA, and ASPPA demonstrate industry leadership.
Associations and certifications
- American Academy of Actuaries (AAA)
- Society of Actuaries (SOA)
- American Society of Pension Professionals and Actuaries (ASPPA)
What people say
Extremely satisfied
Creative solutions
Proactive communication
Regulatory expertise
Personalized service
Services
Cash Balance Plans
Cash Balance Plans combine features of defined benefit and defined contribution plans. Employers contribute fixed amounts, with benefits growing through interest credits. Ideal for businesses seeking high contribution limits for owners while maintaining employee benefits. Shore Tompkins designs compliant, cost-effective structures tailored to company demographics and goals.
401k Plans
401k Plans allow employee deferrals with optional employer matching. We assist in plan design, compliance testing, and administration. Services include Safe Harbor 401k options, participant education, and integration with investment strategies to help businesses attract and retain talent through competitive retirement benefits.
Defined Benefit Plans
Defined Benefit Plans guarantee retirement income based on salary history and tenure. Shore Tompkins handles actuarial calculations, annual funding requirements, and compliance. These plans suit businesses aiming to maximize tax-deductible contributions for owners while providing substantial employee benefits, with expertise in cross-tested and cross-coverage designs.
Profit Sharing Plans
Profit Sharing Plans offer flexible employer contributions tied to company performance. We design structures that allocate benefits based on tenure, compensation, or other metrics. Services include compliance testing, contribution calculations, and integration with overall retirement strategies to align with business objectives and employee retention goals.
Retirement Plan Consulting
Our consulting services cover plan selection, redesign, compliance, and regulatory updates. Consultants provide ongoing advice, IRS audit assistance, and specialized services like QDRO reviews. With decades of experience, we help employers and advisors navigate complex regulations, optimize plan performance, and ensure long-term sustainability through proactive, personalized guidance.
People
Neil M. Shore
Partner
ASA, EA, MAAA credentialed actuary with 20+ years in retirement plan design. Leads client consultations, specializing in Cash Balance and Defined Benefit plans. Focuses on compliance and strategic tax optimization.
Kathy J. Tompkins
Partner
MSPA, EA, MAAA credentialed expert in 401k and profit-sharing plans. Manages client onboarding and TPA partnerships. Known for translating complex regulations into actionable retirement strategies for business owners.
Andrew Slezak
Director of Cash Balance Services
EA, MSPA specialist in Cash Balance plan implementation. Leads sales and design for high-growth retirement solutions. Provides technical expertise in actuarial calculations and compliance.
Mark W. Fanning
Director of 401k Services
CPC-certified 401k specialist with 15+ years in plan administration. Focuses on compliance testing, participant education, and integration of 401k with broader retirement strategies for small to mid-sized businesses.
Questions
What retirement plans do you specialize in?
We specialize in 401k, Cash Balance, Defined Benefit, and Profit Sharing plans, offering tailored solutions for employers and financial advisors.
How do you tailor retirement plans to business needs?
We analyze company demographics, financial history, and goals to design plans that balance owner benefits with employee needs, ensuring compliance and tax efficiency.
Do you work with financial advisors?
Yes, we partner with advisors to provide plan design, compliance, and consulting services, enhancing their ability to deliver comprehensive retirement solutions to clients.
How do you handle regulatory compliance?
We perform annual compliance testing, prepare IRS filings, and monitor legislative changes to ensure plans meet all legal requirements and avoid penalties.
What sets you apart from other TPAs?
Our consultants average 20+ years of experience, hold top industry credentials, and focus on proactive, personalized service with a 98% client satisfaction rate.
Can you help with existing plan issues?
Yes, we assist with plan corrections, IRS audit responses, QDRO reviews, and redesigning underperforming plans to align with current business objectives.
