A Smarter TPA Model, Right Here in Chicago
Deep expertise + tech-forward service since 1981.
• Our Mission
Making retirement work for everyone.
We are a client-focused and tech-enabled retirement consulting firm, proudly based in Chicago for more than 40 years. Our team is comprised of almost 50 experts, including Retirement Consultants, Administrators, and Recordkeepers, and we have built our reputation on delivering hands-on service and customized solutions to our clients.
• Making Retirement Work for Everyone
Personal Design. Local Service. National Resources.
At HowardSimon Retirement, we combine deep local expertise with the national scale and resources of Strongpoint Partners, giving our clients the best of both worlds. From sole proprietors like dentists, attorneys, and physicians seeking solutions such as a 401(k) or Cash Balance Plan, to employers across Chicago’s small business community, our team designs strategies tailored to your goals. The result? Minimized tax liability, maximized retirement savings, stronger employee attraction and retention, and reduced risk through creditor protection.
19
Retirement Consultants
$4.5B+
Assets Under Management
120
New Plan Designs / Yr
8+
Avg. Yrs of Client Tenure
1,250+
Total Plans Administered
24
Avg. Yrs of Design Specialist Tenure
Backed by Strongpoint Partner’s national infrastructure to meet any challenge.
• Efficiency, Accuracy, and Reliability
A tailored approach to meet your individual retirement objectives.
Every organization approaches its retirement plan with different priorities. Employers may focus on attracting, retaining, and rewarding top talent, while employees are working toward the goal of retiring on time. Your HR team, meanwhile, is often tasked with ensuring fiduciary oversight and staying compliant with complex DOL and IRS regulations.
At HowardSimon Retirement, we take the time to understand what matters most to you. Your priorities guide our approach, and our team provides the expertise and support you need, so you can stay focused on running and growing your business. This timeline is a sample that represents deadlines related to calendar year 401(k) plans. Learn More
-
![HowardSimon Retirement focuses on annual plan administration from January to March, including ongoing retirement plan design review, annual notices, data request management, and data cleansing and validation.]()
January - March
With an ACP/ADP testing deadline of March 15th, our team is focused on census file collection, and data verification and cleansing. We complete robust testing protocols that ensure our clients are maximizing their retirement objects while maintaining a plan compliant with constantly changing regulations.
-
![HowardSimon Retirement focuses on milestones for Annual Plan Administration, Data Cleansing & Validation, and Annual Contributions from April to June.]()
April - June
In Q2, our team is focused on data accuracy and completeness as we begin the 5500 filing process. With ongoing support for plan participants and reconciliation procedures with record keepers underlying the data needed for 5500 production, we’re also leveraging insight to help you plan for future tax planning.
-
![HowardSimon Retirement focuses on tasks like annual contributions, asset reconciliation, annual testing, and annual reporting from July to September.]()
July - September
As we prepare for the October 15th 5500 filing deadline we’re prioritizing any corrections, testing concerns, or outstanding data requests needed to ensure a plans ongoing compliance. We also use this window to discuss future needs, as identified by our testing and report prep, as we plan for the coming fiscal year.
-
![HowardSimon Retirement focuses on Annual Plan Administration and Annual Reporting from October to December.]()
October - December
With all 5500s filed, signed, and complete by October 15th, we focus on reviewing testing procedures for the following year to adjust to any changes in regulatory guidance. We also use this time to meet with all customers to ensure their plan continues to meet their strategic objectives.
• For Our Trusted Partners
We value and prioritize our partnerships with Financial Advisors and Recordkeepers.
We believe that building a great team leads to building even greater outcomes for our clients. When advisors, recordkeepers, and third-party administrators align, with shared values like transparency, accuracy, and a client-centered approach, they can solve any retirement challenge. Our team is most impactful when we’re a part of a trusted team, and able to address complex technical questions and design a plan tailored to the client’s specific needs. Let's explore how we can partner with you to enhance client success.