Business Details
Your Trusted Partner for Retirement Plan Solutions
Integrated Retirement Plan Solutions has been at the forefront of qualified retirement plan design and implementation since our inception. Our team of seasoned attorneys, actuaries, and consultants specializes in creating individually tailored retirement solutions for closely held businesses. We combine deep technical expertise with a client-centric approach to address the unique challenges faced by small to mid-sized enterprises. Our integrated service model eliminates the need for multiple vendors by providing comprehensive actuarial analysis, legal documentation, and ongoing plan maintenance under one roof. With decades of collective experience, we have successfully obtained favorable IRS determination letters for every plan design we've developed.Our proprietary methodologies maximize tax advantages while ensuring compliance with evolving regulations. We pride ourselves on delivering cost-effective solutions that align with both business succession goals and employee retirement needs. Our Cleveland-based team serves clients nationwide, offering personalized support that adapts to changing financial landscapes. Through innovative approaches like cash balance pension plans and employee stock ownership programs, we help business owners optimize retirement savings while enhancing workforce retention. Our commitment to excellence is demonstrated through our track record of designing plans that have accumulated substantial retirement assets for clients over the past decade.
Services
Cash Balance Pension Plans
Employee Stock Ownership Plans
Defined Contribution Plans
401(k) Plan Services
Profit-Sharing Plans
Retirement Plan Compliance
Actuarial Analysis
Business Succession Planning
Tax-Deferred Retirement Solutions
Plan Document Preparation
Highlights and features
- We offer integrated actuarial, legal, and consulting services for retirement plans under one roof
- Our team has obtained favorable IRS determination letters for every plan design since 2007
- We specialize in high-contribution cash balance pension plans with predictable benefits
- Our employee stock ownership plans provide business succession strategies with tax advantages
- We serve clients nationwide while maintaining personalized support from our Cleveland office
Services
Cash Balance Pension Plans
Cash Balance Pension Plans combine traditional pension predictability with 401(k) flexibility, offering high contribution limits for business owners. These plans provide tax-deductible contributions with predictable benefits that grow through fixed interest credits. Participants receive clear annual statements showing account balances that accumulate regardless of market conditions, making them ideal for owners seeking substantial retirement savings while maintaining business financial flexibility.
Employee Stock Ownership Plans
Employee Stock Ownership Plans create company ownership stakes for employees while providing business succession benefits. These tax-advantaged plans allow owners to gradually sell shares to employees while maintaining operational control. ESOPs enhance workforce retention through shared ownership incentives and offer sellers tax-deferred capital gains treatment through 1042 rollovers, making them strategic tools for both retirement planning and business transition.
Defined Contribution Plans
Defined Contribution Plans provide flexible retirement savings options with employer matching contributions and clear account visibility. These plans include customizable profit-sharing structures and 401(k) arrangements that align employee savings with company performance. Our tailored designs optimize tax benefits while ensuring compliance with IRS contribution limits, offering businesses scalable solutions that grow with their financial success.
Actuarial Analysis
Actuarial Analysis ensures accurate pension plan valuations and compliance with regulatory requirements. Our team provides certified calculations for defined benefit plans, including funding determinations and liability assessments. We offer ongoing actuarial support for plan maintenance and modifications, helping businesses maintain financial stability while meeting retirement obligations through precise mathematical modeling and risk assessment.
Plan Document Preparation
Plan Document Preparation involves creating customized legal frameworks for retirement arrangements that meet IRS requirements. Our legal experts draft comprehensive documentation for all qualified plans, including adoption agreements and operational guidelines. We ensure all documents receive favorable IRS determination letters, providing clients with legally sound foundations for their retirement programs while maintaining compliance with evolving tax code regulations.
People
Adrienne A. Knauer
Senior ERISA Consultant and Managing Partner
Adrienne has implemented retirement plans and provided ERISA consulting since 2007. She specializes in helping entrepreneurs achieve tax and retirement goals through customized plans. A Cleveland native, she combines local knowledge with national expertise in business succession and estate planning strategies.
Brian J. Patrick
Senior Actuary and Managing Partner
Brian leads our actuarial department with expertise in defined benefit plan certification. A Fellow of the Society of Actuaries, he provides strategic consulting on pension and 401(k) plan designs. His 20+ years of experience ensure accurate valuation and compliance for complex retirement arrangements.
Jessica M. Sullivan
Director of Compliance
Jessica oversees compliance for retirement plans while working toward her ASA actuarial designation. She coordinates between actuarial and distribution departments to ensure regulatory adherence. Her focus on compliance helps maintain plan integrity and avoid costly penalties for our clients.
Jason F. JeVenn
ESOP Specialist
Jason specializes in ESOP administration with expertise in stock valuation and distribution calculations. He assists with repurchase studies to help companies budget for future obligations. His MBA and risk management certification support comprehensive ESOP compliance and strategic planning.
David T. Craig
ERISA Consultant
David conducts research and prepares plan documents with a focus on employee ownership structures. His background includes studying ESOPs at Kent State University and investigating ERISA history during law school. He provides legal expertise to ensure compliant retirement plan documentation.
Questions
What retirement plan options do you specialize in?
We specialize in cash balance pension plans, employee stock ownership plans (ESOPs), and defined contribution plans including 401(k) arrangements. Our integrated approach allows combining these plans for optimal retirement and business succession strategies.
How do cash balance pension plans benefit business owners?
Cash balance plans offer high contribution limits with tax-deductible contributions. Owners can accumulate approximately $2.6 million in 10 years while providing predictable benefits to employees. These plans combine pension security with 401(k) flexibility through portable account balances.
What advantages do ESOPs provide for business succession?
ESOPs create a ready market for business owners' shares while offering tax advantages. Sellers can defer capital gains through 1042 rollovers, and companies receive tax deductions for stock contributions. This structured transition maintains business continuity with current management teams.
How does your integrated service model work?
Our integrated model combines actuarial analysis, legal documentation, and compliance services under one roof. This eliminates multiple vendors, ensuring coordinated plan design, implementation, and maintenance while maintaining IRS compliance and regulatory requirements.
What makes your retirement planning approach unique?
We focus on individually designed plans that maximize tax benefits while aligning with business goals. Our proprietary designs have received favorable IRS determination letters, and we provide ongoing support to adapt plans to changing financial circumstances and regulations.
How do you support clients after plan implementation?
We provide continuous compliance monitoring, annual updates, and regulatory change notifications. Our team assists with plan modifications, distribution calculations, and ongoing actuarial certifications to ensure long-term effectiveness and compliance with evolving retirement regulations.
