To assist our employer clients in their new role  as overseer of the 403(b) plans they sponsor, GLP & Associates  designed a stand-alone administrative system,
      through our subsidiary  company Strategic Administrative Group LLC, which includes separate common remitting services.
     
      Strategic Administrative Group’s administrative services have been  specifically designed to assist you in 403(b) plan oversight,
      and our  common remitter service that can be used in conjunction with our plan  administration to monitor participant contribution limits. 
      Our Common  Remitter service and  plan administration are designed to interface electronically with  sponsors and participants.  More importantly,
      the administrative system  will be the central location for withdrawal requests and employer  approvals. By gathering data from each of an employer’s
      investment  providers electronically, our plan administration can be updated  quickly with the most recent plan and investment provider data.
      Common  Remitter services provide a one-stop source for remitting funds to any  approved plan vendor. 
     
     Common remitting and our plan administration provide the following:
     
     Common Remitter service:
     Coordination of an unlimited number of investment providers
     Plan disbursement support
     Consolidation of contribution data and fund remittances
     Simple file requirements for both you the employer and for your investment providers
     24 hour turnaround if files and wire are received in good order by 2:00 pm EST.
     
     Regulations Made Easy:
     Separate from the plan record keeping system that maintains our client accounts, our administrative system is password protected
     and accessible by employee plan participants as well as by the 403(b) plan sponsor. We gather data from each investment provider on a daily, weekly  or monthly basis
     in order to approve withdrawal transactions such as loans, hardships, QDROs, intra-and inter-plan transfers, etc. We provide annual notification to all eligible employees
     whether or not  they are participating in the 403(b) plan, via email based on sponsor census data. We also provide free personalized employee education about the 403(b)
     and 457 plans (including approved investment provider information), as well as information about MPSERS and the retirement process. 
     Contribution limit monitoring for 403(b) and 457 plans, is also included for all approved investment providers who provide data to GLP  Strategic Administrative Group. 
     We  also provide a specimen plan document and any related forms necessary for inclusion into our system.Should you choose to utilize our optional plan administration or 
     Common Remitter services, we will work with you to complete required legal agreements needed between GLP & Associates and your school district.  
     If you have any questions or would like to sign-up for these  services, please contact:
     
     Michael P. McEvilly, Vice President, Operations at (248) 489-0101