Client Services Jeopardy 1 Jeopardy Template

Administration	My ESOP Dashboard	Processes	Form 5500	MISC
100 Client Services Coordinator Who is responsible for ensuring the timing of the clients administration is flowing according to timing expectations?	100 Registration Letter How does the client or participant register to access My ESOP Dashboard?	100 Complete the appropriate warning in ER When we receive and AIF, Census file or Trust statements what do we do?	100 It is an Annual Report for a retirement plan What is a Form 5500?	100 To oversee the ESOP and to ensure the Participants best interest is being considered? What is the role of a Trustee?
200 Annual Information Form What is an AIF?	200 The Main and additional primary contacts Who has administrator rights to My ESOP Dashboard?	200 Place a ticket in podio to have ER responsibilities updated. If there is a change in contact what is our process?	200 7/31 What is the filing deadline for the Form 5500 for a 12/31 plan?	200 The Trustee Who is responsible for hiring the valuation firm in an ESOP?
300 Advice to Trustee What is the spreadsheet that is sent to the client and is also known as the Distribution Instructions?	300 Statement and SAR What do participants see on My ESOP Dashboard?	300 Create a warning in ER for the assigned Technical person to review and handle accordingly. When we receive misc documents from the client what is our process?	300 Form 5558 If the Form 5500 needs to be extended what form is required to be filed?	300 To updated cost basis, tax filing purposes, however is not necessary if they hold stock in the plan. What is the K-1 used for?
400 Eligibility When a client submits their census file, we use this information to produce what report?	400 Yes Can My ESOP Dashboard be customized?	400 Schedule a call for the Technical Person to discuss with them in detail If a client has multiple questions that are sent by email what should we do?	400 10/31 What is the final deadline for filing the Form 5500 if an extension was filed for a 12/31 plan?	400 How much coverage should the ESOP Plan be covered for under a fidelity bond? The required amount of bond coverage is the lesser of 10 percent of plan assets at the beginning of the plan year, or $500,000.
500 21 days How many days does it take us to complete the Trust after we receive the trust statements?	500 $1500 How much is the one time set up fee for My ESOP Dashboard?	500 Reach out to the client for approval After the reports are sent to the client, what is the next step?	500 Through their insurance company or we can recommend one as well. Where does the plan sponsor obtain a Fidelity bond?

Client Services Jeopardy

Press F11 for full screen mode