Advantages of Working with Osborne & Associates, Inc.


In today’s tough market financial advisors face many difficulties, such as expanding their business without sacrificing the premier customer service loved by their clients. Working with Osborne & Associates, Inc. can help you achieve both! Here’s why:

Excellent Plan Design and Support

We ask the right questions from the start. Our expert team listens to you and your clients to ensure all available options are explored.

Osborne & Associates, Inc. specializes in tailoring each plan for the plan sponsor and its plan participants. Whether the goal is to maximize tax advantages, attract and retain quality employees or plan for a comfortable retirement, we can design a plan that best fits the plan sponsor’s objectives.

But we don’t stop there.

Exceptional customer service is a hallmark of Osborne & Associates, Inc. While we provide all our clients with the accurate, timely reports and statements required by the IRS, we’re local, which allows us to meet face-to-face to address your clients’ unique needs. Our commitment to the highest levels of customer service means plan sponsors spend significantly less time on plan matters. Happy clients mean higher retention rates and more time for you to prospect new plan opportunities.

Expert Compliance and Technical Knowledge

We help steer your clients in the right direction.

Creative, unique plan designs are a great tool to sell more plans. However, plans require comprehensive knowledge of the legal frameworks and regulatory changes to stay in compliance. Osborne & Associates, Inc. has this knowledge and partners with each plan sponsor so they can make the necessary operational changes to be compliant with current laws. 

We are also proud to be the only local TPA firm with team members certified by the IRS as Enrolled Retirement Plan Agents (ERPAs). This places our staff in the top tier of pension industry professionals and allows our ERPAs to practice before the IRS regarding retirement plan issues. 

Clear Fee Schedule

Clients want to know exactly what they are paying for.

Osborne & Associates, Inc. gives a clear, concise fee schedule that breaks down how each dollar is being spent. Furthermore, we often receive financial revenue from the recordkeeper which is passed directly to the plan sponsor to help offset plan costs.

Save Valuable Time

Osborne & Associates, Inc. helps you focus on what you do best by taking away daily administration.

We promptly address day-to-day plan maintenance. This allows for quick and easy transitions and smooth plan installations. Here is just a glimpse of the daily tasks we can take off your for your clients’ plates:

- Calculating loan amortization schedules
- Calculating vesting percentages of each participant
- Calculating hardship distribution amounts
- Distributing assets from the plan to terminated employees
- Collecting historical data
- Compliance testing

Partnering for Growth

Osborne & Associates, Inc. is a great networking tool.

Use our staff, passionate approach and expertise in the pension industry when meeting with potential clients to ultimately take your business to a whole new level. We can refer a list of experts – let us be a key part of your team!

Safe Harbor Deadline for New Plans

As we approach year-end, a time when tax-planning becomes forefront, we would like to remind you that the deadline to establish a new Safe Harbor 401(k) plan is October 1st for calendar year end plans. To allow for adequate time to set up the plan, we ask that you let us know by September 15th if you have a client that would like to establish a new Safe Harbor 401(k) plan for the upcoming calendar year.

Employers can choose between two types of safe harbor contributions: a nonelective contribution or a matching contribution.

Nonelective Contribution

The nonelective contribution requires the employer to contribute 3% of each eligible employee’s compensation for the year.

Matching Contribution

Employers can choose a basic or enhanced match formula. A safe harbor matching contribution is allocated only to employees who defer from their own pay to the plan.

  • Basic Match: 100% of the first 3% of pay that is contributed and 50% of the next 2% of pay that is contributed
  • Enhanced Match: 100% of the first 4% of pay that is contributed to the plan

A safe harbor 401(k) plan can provide a variety of benefits to employers. Please contact our office at 209-544-2202 or via email if you have any questions or if you would like to discuss how one of the safe harbor contribution options might be beneficial for your client. 

Thank you for thinking of us during this time for all your Tax-Qualified Retirement Planning needs.

2020 Cost of Living Adjustments Announced

The 2020 dollar limits are as follows:

Limit 2019 2020
Defined Contribution Plan 415 Dollar Limit
The dollar limitation for annual additions under defined contribution plans under IRC Section 415(c)(1)(A). EGTRRA amended this limitation on annual additions, which is the lesser of $40,000 (as adjusted for inflation) or 100% of compensation.
$56,000 $57,000
401(k) Elective Deferral Limit
The limitation on cumulative elective deferrals to a 401(k) and 403(b) tax deferred annuity, as coordinated under IRC Section 402(g)(1).
 $19,000 $19,500
Age 50+ Catch-up Limits
The special catch-up available for individuals at least 50 years old during the year and make eligible pre-tax contributions to 401(k), 403(b), and governmental 457 plans.
 $6,000 $6,500
Definition of Key Employee
The compensation threshold used for determining key employees under IRS Section 416(i)(1)(A)(i).
$180,000 $185,000
Definition of Highly Compensated Employees
The compensation threshold used for determining highly compensated employees under IRC Section 414(q)(1)(B).
$125,000 $130,000
Compensation Limit
The annual limit of compensation that may be taken into account for contribution purposes in accordance with IRC Section 401(a)(17) (nongovernmental plan sponsors).
$280,000 $285,000
Taxable Wage Base
Maximum amount of earnings subject to payroll tax.
 $132,900 $137,700

This material was created to provide accurate and reliable information on the subjects covered. It is not intended to provide specific legal, tax or other professional advice.  The services of an appropriate professional should be sought regarding your individual situation.

Shayna Osborne, ERPA, APA, APR, QPA
Osborne & Associates, Inc.