Settled in 2009. Glassdoor is your resource for information about the Pension Plan benefits at Ricoh. Printers & Copiers by Business Size/Type. I estimated Jim's retirement income if he had elected the lump sum cash-out and used three different options to generate retirement income: Option #1: … EIN for organizations is sometimes also referred to as taxpayer identification number or TIN or simply IRS Number. It is important to remember that under this type of plan, the Alternate Payee is typically not awarded a lump sum cash payment from the Plan. Types of QDROs Get professional and free 401k portfolio allocation advice and funds analysis for Ikon Office Solutions Inc Retirement Savings Plan retirement plan. those funds. There are a number of retirement plan types available today to employers. In fact, in some cases, an employer-sponsored retirement plan may be the only financial investment an employee makes in their future. Examples of this type of plan are 401 (k), 401 (a), Employee Stock Ownership Plan (ESOP), Savings Plans and Profit Sharing Plans. Our high-quality, consultative approach is independent from any particular product manufacturer or retirement plan provider. The Employer Identification Code (EIN) for Ikon Office Solutions is 232891050. • Health Plan Enrollment: Processing of health plan enrollments as per company’s eligibility criteria. Home Blog Help Plan Search Attorney Directory. Plan Type Single Employer. Fortunately, there is an effective way to help you manage your responsibilities and mitigate your risk: Engage an expert. For decades, Northern Trust has helped pension funds manage risk, achieve … Below are some of the more popular plans that companies may offer: • 1081.01 (401k) Plans the Alco Standard Corporation Retirement Savings Plan or the IKON Office Solutions, Inc. Retirement Savings Plan (collectively without distinction the “Plan”) at any time after September 30, 1995, who suffered losses recognized under ERISA with respect to investments in the Alco Stock Fund or IKON Stock Fund. Pricing myPCA 401k Login. 501-1000 employees. In the wake of the Enron bankruptcy, numerous ... IKON Office Solutions, Global Crossing, and WorldCom also have had their retirement accounts substantially This service includes direct contact with participant’s situations and HR issues. 151-500 employees. Printers & Products. Mon-Fri 9am - 6pm EST. IKON OFFICE SOLUTIONS, INC. EXECUTIVE DEFERRED COMPENSATION PLAN (as amended and restated, effective January 1, 2005) 1. He is a specialist in the design, drafting, and ongoing qualification of pension plans, profit sharing/401(k) plans and ESOPs. IKON OFFICE SOLUTIONS INC RETIREMENT SAVINGS PLAN is a Defined Contribution Plan which has an account specified for the individual employee where a defined amount is being contributed to the plan by the individual, the employer or both. The employer (Unisource Worldwide, Inc., a previous subsidiary of IKON Office Solutions, Inc.) created a contributory, defined benefit top-hat plan with a split-dollar life insurance benefit starting in 1991. How it Works Plan Year 01/01/2017 — 12/31/2017. Learn about Ricoh Pension Plan, including a description from the employer, and comments and ratings provided anonymously by current and former Ricoh employees. Plan Lookup (100,000+) IKON OFFICE SOLUTIONS, INC. LONG TERM DISABLILITY PLAN: 2008-10-01: 1969-01-01: 002: RICOH FAMILY GROUP PENSION EQUITY PLAN: 2016-01-01: 1988-10-01: 015: RICOH DEFINED BENEFIT PLANS MASTER RETIREMENT TRUST: 2017-01-01: 2017-01-01: 401k Contributions Contributions made to the plan for the plan year by employer(s) and employees. RETIREMENT SAVINGS PLAN _____ Don H. Liu Senior Vice President, General Counsel and Secretary IKON Office Solutions, Inc. This type of plan generally provides participants with a monthly retirement benefit upon reaching a specific age and may be adjusted for early retirement. If the Prior to January 1, 2016, the name of the plan was the Ricoh Americas Corporation Retirement Savings Plan. Members may have also paid additional voluntary contributions (“AVCs”), which is also a type of DC or ‘money purchase’ benefit, into the Plan. IKON STEEL, LLC 401(K) PLAN. ... IKON Office Solutions . 6 new Ikon Office Solutions Pension Plan results have been found in the last 90 days, which means that every 16, a new Ikon Office Solutions Pension Plan result is figured out. Rapidly evolving markets, ongoing transparency demands and increasing regulatory requirements present unique challenges for pension funds. The Plan provides defined benefit (“DB”) benefits and defined contribution (“DC”) benefits. About Us Copyright © 2016 Pension Appraisers Online, Inc. All Rights Reserved. The Ikon Pension Plan (the “Plan”) provides benefits on retirement and on death for members. Your Feedback. A stock drop case in which plan participants had between 60 and 70 percent of their retirement plan assets in GE shares. IKON employees who are United States residents and who meet certain age and service requirements are participants in a pension plan (the “Pension Plan”) which provides to eligible retired employees at age 65 annual pension benefits equal to the number of years of credited service multiplied by 1% of average annual compensation earned during the five consecutive years within the employee’s last ten years of participation in the Pension Plan … IKS ENTERPRISE INC RETIREMENT PLAN. Under the plan, participants were allowed to defer a portion of their income until retirement and 1-150 employees. Sponsoring a retirement plan in today’s complex world is challenging for most employers. Prior to April 1, 2011, the plan consisted of two separate plans known as the IKON Office Solutions, Inc. Retirement Savings Plan and the Ricoh 401(k) Savings Plan. In fact, our advisors have access to a full spectrum of providers in the marketplace, so they can provide an attractive solution for your plan. On January 1, 1997 this plan was renamed as the IKON Office Solutions, Inc. Retirement Savings Plan (the “Plan”). Amendment No. Manufacturing. Veale was born in Topeka, Kansas, on December 26, 1914, and earned a Bachelor of Science degree in Mechanical Engineering from Case Institute of Technology, Cleveland, Ohio, in 1937. Letter from President Benefits & Features C. Termination of the 1991 Plan. As of this writing, roughly half of the Plan funds were invested in IKON stock, and roughly half of the funds invested in IKON stock consisted of employer match contributions. Benefit Payment Resources. Employer-sponsored Retirement Plans – These plans provide value to both employers and their employees. • Keogh Plans. Ikon Office Solutions is a administrator for a pension plan (401k) in Malvern. It is usually a requirement of the Plan that the amount awarded to the Alternate Payee be expressed in terms of a monthly benefit payable for either the lifetime of the Participant or the Alternate Payee. ikon office solutions, inc. PENSION PLAN is a DEFINED BENEFIT PLAN. Administrator Name Ikon Office Solutions, Inc. Retirement Plan Committee; Address 70 Valley Stream Parkway ; City Malvern; State PA; Zip 19355-1407; Telephone (610) 296 … 8 to the IKON Office Solutions, Inc. Retirement Savings Plan, as amended, to implement a service-weighted enhanced Company match to all employees currently eligible for benefits under the Pension Plan, effective as of January 1, 2006. o Net Assets as of 12/31/2017 $3,087,478. Sample QDRO IKON OFFICE SOLUTIONS INC PENSION PLAN is a Defined Benefit Plan providing retirees with a predetermined monthly retirement benefit upon reaching a specific age. IKON OFFICE SOLUTIONS, INC. PENSION PLAN. Date of Plan 01/01/2000. Navigate challenges with confidence. The retirement benefit paid to a retiree is typically calculated using a formula which often employs years of credited service under the plan and salary information. As Couponxoo’s tracking, online shoppers can recently get a save of 50% on average by using our coupons for shopping at Ikon Office Solutions Pension Plan . All Pension Plan costs are paid by IKON, and the Pension Plan and benefits payable under it are funded on an actuarial basis. • Profit Sharing IKON Office Solutions, a Ricoh company, is a leading provider of innovative document management systems and services, enabling customers to improve document workflow and increase efficiency. 1001+ employees. In 2000, the IKON Board of Directors decided to terminate the 1991 Plan on the grounds of unfavorable interest rates and declining participation. Below are some of the more popular plans that companies may offer: • 1081.01 (401k) Plans… Property & Casualty Insurance. There are a number of retirement plan types available today to employers. Amendment No. In 1997, Alco was renamed IKON Office Solutions, Inc. (“IKON”). Home Why it Works Plan Information. Toll Free Customer Support: 833-970-0999. The official name of the plan is the Ricoh USA, Inc. Retirement Savings Plan. Plan Number 1. Contact Benefit Payments. All United States employees hired on or after July 1, 2004 are excluded from coverage under the Pension Plan. As of this writing, roughly half of the Plan funds were invested in IKON stock, and roughly half of the funds invested in IKON stock consisted of employer match contributions. The Benefits Service & Administration for Retirees provides the client a wide variety of services. IKON Office Solutions, Inc., can trace its heritage to Tinkham Veale II, founder of Alco Standard Corporation. Managing the day-to-day activities of the plan is cumbersome enough, but combined with the added responsibility of having to stay abreast of the potential regulatory and legislative changes, it is an intimidating task to be sure. 8 to the IKON Office Solutions, Inc. Retirement Savings Plan, as amended, to implement a service-weighted enhanced Company match to all employees currently eligible for benefits under the Pension Plan, effective as of January 1, 2006. o. NFP retirement plan advisors provide a process-driven, comprehensive delivery of services to ensure that all facets of your company’s retirement plan are effectively addressed. Purpose .The purpose of the IKON Office Solutions, Inc. Executive Deferred Compensation Plan (the “Plan”) is to permit certain eligible employees of IKON Office Solutions, Inc. (“IKON”) to defer a portion of their salary, bonus and equity … Adams is the contributing editor for the Pension Plan Fix-It Handbook. Given your many other company responsibilities, you might wonder how you can even begin to keep up with what you need to know about your company’s retirement plan. Agreement Language Retail. On January 1, 1997 this plan was renamed as the IKON Office Solutions, Inc. Retirement Savings Plan (the "Plan"). Ikon Office Solutions is associated with a pension plan of a employer which has filed form 5500 with Employee Benefits Security Administration … Not all advisors are created equal. Is the plan … Free Pension eBook They give employers a distinct advantage in attracting and retaining quality employees, and they provide employees with a convenient way to save for retirement. In fact, in some cases, an employer-sponsored retirement plan may be the only financial investment an employee makes in their future. M-F at 1-800-848-5848 / pensioncorporation@pencorp.com or your HR benefits department for information regarding when you may join the plan. retirement plan received wide publicity and prompted ques tions about the laws and regulations that govern these plans. If you have not yet joined your retirement plan and wish to begin participating you may either; enroll online, contact our PCA Customer Service Department from 8am-6pm, EST. (866) 252-5395 (312) 849-8413 (fax) Northern Trust Benefit Pymt Svcs W-38 50 S. LaSalle St. Chicago, IL 60603.
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