Administrative Services
We care deeply about the financial security of our clients and their businesses. Our talented team of risk managers has an average of 10+ years of industry experience and strives to provide creative, quality, well-designed plans to address the varying needs of the clients we serve.
The SRA Process
Protecting a business starts with understanding its unique challenges and risks. SRA takes time to learn about each unique business, its obstacles, and how an 831(b) plan can be a strategic solution. Our collaborative approach ensures all parties gain clarity on the process while building confidence in our operation.
Our efficient onboarding process is designed to be seamless and typically takes less than a month. Once complete, the business will have a customized 831(b) plan in place—providing the peace of mind that comes from knowing your business is protected against the unexpected.
What You Can Expect From Us
- Initial design of 831(b) Plan
- Preparation of plan documents and risk assessments
- 831(b) Plan transaction approvals
- Monitor compliance of 831(b) Plan rules and guidelines
- Compliance filings of 8886, 1099-DIV and meeting minutes
- Annual tax return
- Claim services
- Annual renewals
- Ongoing client consulting
Our Warranty To You
SRA provides a written warranty to all of its administered 831(b) Plans. Provided that plan participants adhere to SRA’s rules outlined in the plan manual, SRA will provide legal and audit support in the event a company is audited as a result of participating in an 831(b) Plan. SRA audits plans on an annual basis for improper conduct. If improprieties are detected, participants will be notified and be guided back into compliance. Upon a second notice of impropriety, SRA will, at its discretion, disengage with the client.