Web 401k Order Form -- for Companies That Already Sponsor a Retirement Plan

Below is the Web 401k Conversion Plan Order Form for companies that currently sponsor a retirement plan. For any plan customization item about which you are undecided or would like some help or additional information, please mark the "Unsure..." button.

-- If your company DOES NOT already have a 401k plan or other retirement plan, please instead use our First Plan Order Form.

-- For One-Person 401k plans, please click here.

Please remember, we offer two levels of plan customization: Economy and Elite (click here to open a comparison chart in a secondary window). If your company is converting its existing plan into a Web 401k ECONOMY plan...

-- Your plan cannot have any outstanding loans (Web 401k Economy plans do not allow for loans).
-- You cannot run your Web 401k Economy plan as a safe harbor plan even if you are running your current plan in such a manner.

-- The participation requirements for your Web 401k Economy plan will be 21 years of age and 1 year of service regardless of your existing plan's requirements.

-- Union employees and nonresident aliens will be excluded from participating in your Web 401k Economy plan.

-- Matching contributions are not allowed in Web 401k Economy plans.

-- Vesting schedules for any profit-sharing and/or qualified nonelective employer contributions are limited in Web 401k Economy plans.

-- Investment options are limited in Web 401k Economy plans.

-- Automatic enrollment is not available in Web 401k Economy plans.

The above options ARE ALL AVAILABLE in our Elite plans, just not our Economy plans. Contact us if you have any questions.

Web 401k Conversion Plan Order Form

for companies with a previously established 401k plan or other company retirement plan (please note: SARSEPs cannot be converted to 401k plans under current IRS regulations)

First 401k plan (STOP!!! Please use our First Plan Order Form instead of this Conversion Plan Order Form. Thank You.)

Already-existing 401k plan to be converted to a Web 401k plan

Part I:Company Information...

2) Company name:
3) Contact person:
4) Title:
5) Phone:	-
6) Fax:	-
7) E-mail:
8) Your 401k decision-making role:	Sole decision maker Making recommendation Leading committee to gather information Member of committee to evaluate options Interested employee Unsure. Please contact me with help regarding this item.
9) Company address:
10) City:
11) State:
12) Zip:
9-12alt) Company mail-to address:	Use address listed above as mail-to address Use other address:
13) Federal ID number:
14) Date business commenced:
15) Type of entity:	Please indicate your company's type: C Corporation Professional Service Corporation S Corporation Limited Liability Company taxed as (check one)... Partnership or Sole Proprietorship Corporation S Corporation Sole Proprietorship Partnership other: Is your company a member of a controlled group? Yes No Unsure. Please contact me regarding this question. Is your company a member of an affiliated service group? Yes No Unsure. Please contact me regarding this question.
16) # of employees on payroll:
17) Fiscal year on which business is run:	January 1 - December 31 Other: Unsure. Please contact me regarding this item.

Part II:Plan Information...

Note:

Complete the below ONLY if your company already has a retirement plan and will be having Web 401k replace that plan.

If Web 401k will be your company's first retirement plan EVER, please use our First Plan Order Form instead of this Conversion Plan Order Form.

18) Plan Design Type:

Web 401k offers two levels of customization:
Our Economy Plans offer ample investment choice along with today's popular customization choices whereas our Elite Plans offer additional investment flexibility and additional plan customization control. Our Elite Plans cost roughly 50% more than our Economy plans yet still 10% or more LESS than competitors' plans. Please see our Pricing and Price Comparisons page for details.

Which level of customization do you want?

Economy

Elite

19) Existing Plan Type:

What type of retirement plan do you want us to convert into a Web 401k plan?

No existing retirement plan (STOP! Please use our First Plan Order Form instead of this Conversion Plan Order Form.)

Profit-sharing plan (without 401k features)

Defined benefit plan

Other (please describe):

Unsure. Please contact me with help regarding this item.

20) Existing Plan's
Approximate Size
(in assets):

Less than $250,000

$250,001-$500,000

$500,001-$10,000,000

More than $10,000,000

Unsure. Please contact me regarding this item.

21) Web 401k Plan Potential Size
(in eligible employees):

How many full-time employees are currently on your payroll?

2-4

5-10

11-15

16-20

21-25

26-30

31-35

36-40

41-45

46-50

more than 50

Unsure. Please contact me regarding this item.

22-a) Existing Plan
Plan Administrator:

Who is your company's in-house plan administrator (that is, the person at your company who has been handling any 401k-related matters and interacting with the outside administrator servicing your plan). Please include his/her title (such as "Controller"), if applicable:

Administrator's phone number: , and e-mail address is .

22-b) Web 401k Plan
Plan Administrator:

Who will serve as Plan Administrator for your Web 401k plan? Most Web 401k customers name simply their company as their official 401k Plan Administrator, however, you CAN designate an outside party to handle your 401k plan administration via Web 401k. If you don't know whom to designate, mark the "Unsure. Please contact..." box.

Our company: Have our employees contact (name, title) by calling or e-mailing when need be.

Outside party: Contact (name, title) of (company name) ; tax ID number is ; phone number is , e-mail address is , mailing address is (including city, state and zip) .

Unsure. Please contact us about naming a Plan Administrator.

23-a) Existing Plan
Plan Trustee(s):

Who is/are your existing plan's Trustee(s), including his/her/their title(s) (such as "CFO"), as applicable:

Current plan's Trustee(s) phone number(s):.

23-b) Web 401k Plan
Plan Trustee(s):

Who at your company will serve as your 401k plan's Trustee(s)? Please include his/her/their title(s) (such as "CFO"), as applicable. If you are unsure who will serve as your plan's trustee(s), mark the "Unsure. Please contact..." box.

Trustee(s) phone number(s): .

Unsure. Please contact us about naming our Trustee(s).

24-a) Existing Plan
Compliance Test History:

Did your plan pass last year's compliance tests?

Yes

Unsure. Please contact me regarding this item.

Does your plan limit the definition of Highly-Compensated Employees to "the top 20% of employees"?

Yes

Unsure. Please contact me regarding this item.

Is your plan currently top-heavy?

Yes

Unsure. Please contact me regarding this item.

Date of last battery of compliance tests:

Unsure. Please contact me regarding our last battery of compliance tests.

24-b) Web 401k Plan
Compliance test preferences:

FOR ELITE PLANS ONLY (please check "not applicable: Economy plan" if you're ordering an Economy plan)

If you're ordering one of our Elite 401k plans, you have some flexibility regarding the parameters by which the IRS compliance tests your plan will have to pass each year are run. Your Web 401k portal will have your preferences programmed into it so you can run accurate compliance tests as often as you like (we recommend monthly), keeping you apprised of your plan's health and helping ensure your plan passes its critical year-end tests. (For our Economy plans, we default program in "Previous year's wages" as the testing basis and we default limit the definition of Highly-Compensated Employees to the top 20% of employees.)

On what basis would you like your plan to define Highly-Compensated versus Non-Highly-Compensated Employees?

Not applicable: Economy Plan

Not applicable: Safe harbor plan

Previous year's wages

Unsure. Please contact me regarding this item.

The determination of Highly-Compensated versus Non-Highly-Compensated Employees for your plan will be based on the previous year's wages. Would you like your plan to limit the definition of Highly-Compensated Employees to "the top 20% of employees"?

Not applicable: Economy Plan

Not applicable: Safe harbor plan

Yes (recommended)

Unsure. Please contact me regarding this item.

25) Existing Plan
5500 Series Filing:

For what year was your last plan 5500 series filing with the IRS?

Unsure. Please contact me regarding our last 5500 series filing year.

Date filed (month, year):

Unsure. Please contact me regarding our last 5500 series filing date.

26) Existing Plan
Plan Year:

On what Plan Year does your existing plan operate?

Calendar year (January 1 - December 31)

Other:

Unsure. Please contact me regarding this item.

27) Existing Plan
Plan Inception Date:

When was your current plan established?

month: year:

Unsure. Please contact me regarding this item.

28-a) Existing Plan
Participation
Age Requirement:

What age requirement is currently being used for participation in your company plan?

None

20 1/2

Other (please specify):

Unsure. Please contact me regarding this item.

28-b) Web 401k Plan
Participation
Age Requirement:

FOR ELITE PLANS ONLY (please check "not applicable: Economy plan" if you're ordering an Economy plan)

What age requirement do you want for your Web 401k plan? (For our Economy plans, "21" is the default age requirement for participation.)

Not applicable: Economy Plan

None

Other (please specify):

Unsure. Please contact me regarding this item.

29-a) Existing Plan
Plan Participation
Length of Service Requirement:

What length of service requirement is currently being used for participation in your company plan?

None

Three (3) months of service with the company

Six (6) months of service with the company

One (1) year of service with the company

Other (please specify):

Unsure. Please contact me regarding our Web 401k plan length of service requirement.

29-b) Web 401k Plan
Plan Participation
Length of Service Requirement:

FOR ELITE PLANS ONLY (please check "not applicable: Economy plan" if you're ordering an Economy plan)

What length of service requirement do you want for participation in your Web 401k plan? (For our Economy plans, "One (1) year of service..." is the default.)

Not applicable: Economy Plan

None

Three (3) months of service with the company

Six (6) months of service with the company

One (1) year of service with the company

Other (please specify):

Unsure. Please contact me regarding our Web 401k plan length of service requirement.

30-a) Existing Plan
Plan Participation Exclusions:

Does your current plan exclude any categories of employees from participation?

Yes

Unsure. Please contact me regarding participation exclusions used in our existing company plan.

If "Yes", please identify the classes of employees currently excluded from participation in your existing company plan: (check all that apply)

Union members

Non-resident aliens

Other:

30-b) Web 401k Plan
Plan Participation Exclusions:

FOR ELITE PLANS ONLY (please check "not applicable: Economy plan" if you're ordering an Economy plan)

Would you like to exclude any categories of employees from participation in your Web 401k plan? (For our Economy plans, "Yes" and exclude both "union members" and "non-resident aliens" is the default.)

Not applicable: Economy Plan

Yes

Unsure. Please contact me regarding participation exclusions used in our existing company plan.

If "Yes", please identify the classes of employees you'd like to exclude from participation in your Web 401k plan: (check all that apply; skip if an Economy Plan)

Union members

Non-resident aliens

31-a) Existing Plan
Automatic Enrollment:

Does your existing plan use automatic enrollment?

Yes No Unsure. Please contact me regarding this item.

If "Yes", what is the default contribution rate currently used?

3% 4% 5%

Unsure. Please contact me regarding using auto enrollment in our Web 401k plan.

31-b) Web 401k Plan
Automatic Enrollment:

FOR ELITE PLANS ONLY (please check "not applicable: Economy plan" if you're ordering an Economy plan)

Do you want your Web 401k plan to use automatic enrollment? (Not available in our Economy plans)

Not applicable: Economy Plan

Yes

No

Unsure. Please contact me regarding this item.

If "Yes", what would you like the default contribution rate to be for automatically enrolled participants?

Not applicable. Economy plan or do not want auto enrollment used in our Web 401k plan.

3% 4% 5%

Unsure. Please contact me regarding using auto enrollment in our Web 401k plan.

32-a) Existing Plan
Employer Contributions:

What MATCHING CONTRIBUTION formula, if any, is being used in your existing company plan?

No employer matching contributions are being made.

Our company makes matching contributions at a rate of % (e.g., 50%) to each dollar our participants defer into the plan.

Our company makes matching contributions at a rate of % (e.g., 50%) to each dollar our participants defer into the plan, up to a maximum annual matching contribution of $ per participant per year.

Other:

Unsure. Please contact me regarding our existing plan's matching contribution formula.

Has your company made any PROFIT-SHARING CONTRIBUTIONS to your existing company plan?

No profit-sharing contributions have been or are being made in our existing plan.

Yes, our company has made/does make profit-sharing contributions in our existing plan.

Unsure. Please contact me regarding profit-sharing contributions made to our existing plan.

32-b) Web 401k Plan
Employer Contributions:

NOTE: If you plan to run your 401k as a safe harbor plan, please indicate any relevant safe harbor employer contributions at item 32 of this order form and DO NOT include your safe harbor contribution formula(s) herein under item 27 Employer Contributions.

Your company can contribute to plan participants' accounts in any of three ways:
(1) regular matching contributions (available in our Elite plans only),
(2) discretionary employer contributions (a.k.a., profit-sharing contributions), and/or
(3) qualified nonelective contributions.

Regular matching contributions (RMCs) are defined in terms of participant's elective contribution (e.g., 50¢ contributed by the employer for each dollar contributed by the plan participant). Discretionary employer contributions (DECs) are basically profit-sharing contributions, although the employer's contribution does not have to be limited to net profits. Qualified nonelective contributions (QNECs) are allocated on the basis of compensation or some other variable aside from a participant's elective contribution; they are made to ALL eligible employees regardless of whether or not the employee contributes to or participates in the 401k plan -- unless the QNEC is being used to satisfy ADP or ACP test corrections. As for vesting, RMCs and DECs can be subject to vesting schedules, but QNECs are always 100% vested to employees' accounts when made.

FOR ELITE PLANS ONLY (please check "not applicable: Economy plan" if you're ordering an Economy plan)

1) Will your company be making any REGULAR MATCHING CONTRIBUTIONS to employees' accounts?

Not applicable: Economy Plan.

No regular matching contributions will be made.

Our company MAY make matching contributions equal to a discretionary percentage that our company will determine at a later time.

Our company WILL make regular matching contributions at a rate of % (e.g., 50%) to each dollar our participants defer into the plan.

Our company WILL make regular matching contributions at a rate of % (e.g., 50%) to each dollar our participants defer into the plan, up to a maximum annual matching contribution of (check and complete one):

$ per participant per year.

% of the participant's compensation per year.

a discretionary percentage of the participant’s compensation or a discretionary dollar amount, the percentage or dollar amount to be determined by our company on a uniform basis to all participants.

AND our company (check one) will will not contribute an additional discretionary percentage, to be determined by our company.

Other:

Unsure. Please contact me regarding regular matching contributions.

FOR ECONOMY AS WELL AS ELITE PLANS

2) Would your company like to have the option of being able to make DISCRETIONARY EMPLOYER CONTRIBUTIONS (profit-sharing contributions) to employees' accounts?

No, we do not want the option of even possibly making profit-sharing contributions.

Yes, our company will POSSIBLY make profit-sharing contributions in an amount to be determined by our company and (check one) does does not want contribution amounts to be limited to current or accumulated net profit. (Checking this option in no way obligates your company to making any actual contributions, it simply leaves open the possibility that you might.)

Unsure. Please contact me regarding profit-sharing contributions.

FOR ECONOMY AS WELL AS ELITE PLANS

3) Would your company like to have the option of being able to make QUALIFIED NONELECTIVE CONTRIBUTIONS to employees' accounts?

No (except as needed for discrimination test corrections).

Yes, our company will POSSIBLY make qualified nonelective contributions in an amount to be determined by our company. (Checking this option in no way obligates your company to making any actual contributions, it simply leaves open the possibility that you might.)

Yes, our company will make qualified nonelective contributions equal to % of the total compensation of all participants eligible to share in the allocations.

Unsure. Please contact me regarding profit-sharing contributions.

33-a) Existing Plan
Employer Contribution
Vesting:

What vesting formula is currently being applied to any EMPLOYER MATCHING CONTRIBUTIONS being made in your existing company plan?

Not applicable: No matching contributions in our existing plan.

What vesting formula is currently being applied to any EMPLOYER PROFIT-SHARING CONTRIBUTIONS being made in your existing company plan?

Not applicable: No profit sharing contributions in our existing plan.

33-b) Web 401k Plan
Employer Contribution
Vesting:

"Vesting" refers to ownership. For instance, if you pick Schedule D below and a plan participant leaves your company after 2 years, he or she will only be entitled to 20% of any relevant employer contributions made by your company to his or her account. The remainder will go into a pool that your company can choose to use for employer contributions owed to other participants.

What vesting formula do you want to use for relevant employer contributions your company makes to its Web 401k plan? Mark your choice for any profit-sharing contributions in column "P-S Contribs" and for any matching contributions in column "Matching Contribs."

P-S Contribs	Matching Contribs	Vesting Schedule
		Not applicable (no employer contributions or Economy Plan)
		SCHEDULE A:	100% immediate vesting
		SCHEDULE B:	0-2 years 3 years	= =	0% vested 100% vested
		SCHEDULE C: WARNING: not recommended due to likelihood of causing top heavy testing problems.	0-4 years 5 years	= =	0% vested 100% vested
		SCHEDULE D:	0-1 years 2 years 3 years 4 years 5 years 6 years	= = = = = =	0% vested 20% vested 40% vested 60% vested 80% vested 100% vested
		SCHEDULE E:	1 year 2 years 3 years 4 years	= = = =	25% vested 50% vested 75% vested 100% vested
		SCHEDULE F:	1 year 2 years 3 years 4 years 5 years	= = = = =	20% vested 40% vested 60% vested 80% vested 100% vested
		Other:

34-a) Existing Plan
Loans:

Does your existing plan allow for 401k loans?

Yes (approximate number of outstanding loans: ; remember, if there are any outstanding loans you MUST choose Web 401k Elite customization, not Web 401k Economy in question 18 and thereafter of this Conversion Plan Order Form)

Unsure. Please contact me regarding this item.

34-b) Web 401k Plan
Loans:

FOR ELITE PLANS ONLY (please check "not applicable: Economy plan" if you're ordering an Economy plan)

Do you want your Web 401k plan to allow for 401k loans (that is, for participants to borrow from their 401k accounts)?

Not applicable: Economy Plan

Yes

Unsure. Please contact me regarding this item.

35-a) Existing Plan
Investments:

Please list the investments currently being offered within your existing company plan:

35-b) Web 401k Plan
Investments:
Investment Type

(view investment listings)

Please indicate the type of investments you want for your Web 401k plan:

Self-Directed Brokerage Accounts only

Self-Directed Brokerage Accounts PLUS a family of No-Load Mutual Funds (ELITE PLANS ONLY)

No-Load Mutual Funds only

Load Mutual Funds only

Unsure. Please contact me regarding the type of investments to offer within our Web 401k plan.

35-c) Web 401k Plan
Investments:
Investment Family

(view investment listings)

Please indicate the family of mutual funds and/or the brokerage account you wish to offer within your Web 401k plan (for example, "T. Rowe Price mutual funds" or "Charles Schwab OneSource brokerage accounts"). If you have not already done so, you should visit our Investments page to view your options, or instead contact us for help by clicking the "Unsure..." button below.

Economy clients, please remember...
Your plan will be limited to your choice of one family of mutual funds (i.e. Fidelity, T. Rowe Price, Vanguard) or one group of self-directed brokerage accounts (i.e. Ameritrade or Charles Schwab). Elite clients, on the other hand, can offer more than one family of no-load mutual funds plus a self-directed brokerage account. Please see the Investments page from which to choose.

Unsure. Please contact me regarding the exact investment family and/or brokerage account to offer within our Web 401k plan.

36-a) Existing Plan
Safe Harbor Designations:

Do you operate your existing plan as a safe harbor plan?

Yes No Unsure. Please contact me regarding this question.

36-b) Web 401k Plan
Safe Harbor Designations:

FOR ELITE PLANS ONLY (please check "not applicable: Economy plan" if you're ordering an Economy plan)

The IRS allows 401k plan sponsors an alternative to subjecting their 401k plans to annual discrimination testing: The safe harbor method of plan operation lets employers make immediately-vested contributions to the plan in lieu of subjecting the plan to annual discrimination testing.

Do you want to operate your Web 401k plan as a safe harbor 401k plan?

Not applicable: Economy Plan (you can skip the rest of this section 36)

Yes

No (you can skip the rest of this section 32)

Unsure. Please contact me regarding operating our 401k plan as a safe harbor plan.

If you are choosing to operate your 401k plan as a safe harbor plan, which employer contribution formula would you like to employ?

Not applicable (don't want to use the safe harbor method, or Economy Plan)

Make a qualified nonelective contribution equal to 3% of compensation to each eligible employee's account. (Note: Qualified nonelective contributions are made to ALL eligible employees accounts, regardless of whether the persons participate in the company 401k plan.)

Standard Match: Make a dollar-for-dollar matching contribution to non-highly-compensated employees on salary deferrals up to 3% of compensation and 50¢ to the dollar matching contributions to non-highly compensated employees on salary deferrals of 3% to 5% of compensation, making sure not to exceed these rates in any matching contributions made to highly compensated employees. (Note: Matching contributions, because they're based upon salary deferral amounts, are made only to currently-participating employees' 401k accounts.)

Enhanced Match: Match dollar-for-dollar the first 6% of compensation that each employee (highly-compensated or non) defers into the plan. (Note: Matching contributions, because they're based upon salary deferral amounts, are made only to currently-participating employees' 401k accounts.)

Unsure. Please contact me regarding the type of 401k safe harbor contribution to make.

If you are choosing to operate your 401k plan as a safe harbor MATCHING CONTRIBUTION plan, how often do you want your employer matching contributions to be made?

Not applicable (don't want to use the safe harbor method, or Economy Plan)

Annually

Per payroll period

Per month

Per quarter

Unsure. Please contact me regarding the frequency of making our 401k safe harbor employer contributions.

Part III:Web 401k Purchase...

37) Please enter in the blank at right the Annual Access Fee appropriate to your plan's potential size and customization level (Economy or Elite).

Plan Size	Web 401k Annual Access Fee
Plan Size	Economy Plans	Elite Plans
One-Time Setup Fee	$695	$795
2-4 eligible employee	$795 per year	$995 per year
5-10 eligible employees	$995 per year	$1,195 a year
11-15 eligible employees	$1095 per year	$1,295 a year
16-20 eligible employees	$1.195 per year	$1,495 a year
21-25 eligible employees	$1,395 per year	$1,695 a year
26-30 eligible employees	$1,595 per year	$1,895 a year
31-35 eligible employees	$1,795 per year	$2,095 a year
36-40 eligible employees	$2,095 per year	$2,395 a year
41-45 eligible employees	$2,395 per year	$2,695 a year
46-50 eligible employees	$2,595 per year	$2,995 a year
more than 50 eligible employees	$2,595 plus $200 for each additional 5 eligible employees	$2,995 plus $225 for each additional 5 eligible employees

a year

38) FIRST-YEAR-ONLY setup fee:
(Remember, this fee, unlike the above money-back guaranteed Annual Fee, is
NONREFUNDABLE but generally tax rebatable.
We encourage prospective clients to try our free Demo
to make sure they like Web 401k before they have us set up a customized a system for them.)

+ (1st year only)

38A) $500 Plan Data Conversion fee:
We will notify you before work begins if this fee needs to be increased to reflect a complex conversion.

39) TOTAL (access fee + setup fee):

total

Part IV:Payment Preference...

NO PAYMENT IS DUE AT THIS TIME. We will contact you within 24 hours of receiving your order to confirm your designations and answer any questions you have. At that time you'll be able to make your payment (see below).
40) Do you prefer to be contacted regarding your order by telephone or e-mail?	by phone by e-mail
WE'LL CONTACT YOU TO ANSWER YOUR QUESTIONS & TAKE YOUR PAYMENT INFO. When your Web 401k representative contacts you to go over any order form items about which you've marked "Unsure" and to collect additional information needed for your plan's official Summary Plan Description (SPD) and Prototype Plan Adoption Agreement, you will be able to pay the NONREFUNDABLE customization fee over the phone using your Visa, Mastercard, American Express Card, or you can pay by check through the mail; there is a five-day holding period on all check orders. As soon as we receive your payment we will customize your plan, prepare official documents for your review, then customize your plan management and participation Gateways, at which point you'll pay the Annual Access Fee relevant to your plan's size, and be ready to go. From the day you submit your order, you can have your fully customized online 401k plan up and running in just two weeks -- or less!
41) How will you prefer to pay for your Web 401k system when we contact you?	credit card via phone credit card via e-mail check

Part V:How did you hear about us?

42) One last thing before you submit your order:

Please tell us by checking off one or more of the below how your heard about Web 401k.

Financial planning professional, friend or colleague. Please list the person and/or company name:

Linked to the Web 401k website from another website. Please tell us the name of the site and/or company sponsoring it:

Web search. Please list the browser and search term(s), if you remember them (e.g., Netscape, 401k software):

Business or trade publication. Please give the name of the publication:

Other. Please explain:

Tell a friend about 401k Easy! Earn $$$ for every referral.

Earn $$$ for every company
you refer to us
that adopts a Web 401k 401k plan

Sign Up Today

43) Please look over our User's Agreement before submitting your order or inquiry. Submitting an order acknowledges that you have read and accept our User's Agreement; however, submitting an order in no way obligates you to making a purchase.

I have read the User's Agreement.

Pension Services Corporation
4570 Van Nuys Blvd., Suite 550 Sherman Oaks, California91403
Phone: (800) 660-0050Fax: (818) 501-4050E-mail: sales@web-401k.com

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