Qualified Plan Administration

Aljen Asset Management, LLC offers turnkey retirement solutions customized for small to mid-sized companies. As a full-service benefits administration and Registered Investment Advisory (RIA) firm, our primary focus is ensuring the efficiency and success of your turnkey retirement program, aimed at attracting and retaining key talent.

We assist in identifying the optimal plan that aligns with your business objectives and offer recommendations to capitalize on evolving opportunities in the retirement plan market. Your retirement plan should provide flexibility and control to you as the plan sponsor, and we streamline plan administration while managing risk.

Aljen’s distinctive capability to offer administrative reporting support and provide responsible investment advice allows plan sponsors to coordinate their retirement programs seamlessly through a single service provider, ensuring plan optimization.


  • Cost Effective
  • Custom Designed Prototype Documents
  • Fee Based
  • Open Architecture Investment Alternatives
  • No Load Mutual Funds
  • Participant Flexibility
Plan Design

Aljen utilizes IRS-approved prototype retirement plans tailored to meet your company’s specific needs. Whether you’re implementing a new plan or evaluating your current one, we offer a comprehensive range of retirement plan solutions customized to align with your employee benefits strategy:


  • 401(k) Plans
  • Safe Harbor 401(k) Plans
  • Individual 401(k)
  • Profit-Sharing Plans
  • SEP IRAs
  • Individual Defined Benefit Plan
The Installation Process
  • Initial Consultation
  • For existing plans, Aljen reviews the plan for suitability, manage costs, compliance and ease of administration.
  • For new plans, Aljen works with plan trustees to optimize and understand plan design and fiduciary responsibilities.
  • Formulation of detailed plan specifications with the preparation of plan and trust documentation.
  • Preparation of summary plan descriptions (SPD)
  • Obtain Trust Identification Number
Plan Administration/Recordkeeping

Annual Trust Documents are created containing your plan’s employee information, which includes reports containing census, loan and distribution information.

  • Payroll contribution coordination
  • Monitors the transfer process of prior retirement plan accounts
  • Employee loan administration
  • Terminated employee distribution
  • Annual participant statements
  • Signature-ready IRS Form 5500
  • Plan termination services
Annual Testing

Aljen performs all required compliance testing for qualified plans.

  • Average Deferral Percentage Test (ADP)
  • Top-Heavy Evaluation
  • Coverage Tests
Plan Maintenance

Aljen is in constant contact with trustees and administrators to monitor any changes that need to be made as your retirement plan grows.

  • Our experienced staff goes the extra mile to make sure that your Human Resource Personnel are up to date with daily administration issues, find solutions and help streamline any changes.
  • Annual Plan Reviews  

We construct investment menus that are tailored for your company’s employees’ investment risk tolerances.

  • Individual participant-driven accounts
  • Open Architecture Investment Options
  • Equity and Fixed Income Investment Options Available
  • No-Load Mutual Funds
  • Fee Based
  • ERISA Section 404(c) Compliance
  • Transparent Fees and Expenses
Employee/Participant Support

We prefer to meet clients face to face to evaluate their retirement goals and objectives, however, our support staff is always available to every participant and can easily be reached via phone or email.

  • Annual Employee Communication Meetings are held on site to review portfolio performance and allocations.
  • Provide participants with valuable guidance designed to educate participants and encourage them to invest appropriately for their goals.
  • Personalized targeted communications to help employees develop confidence in their decisions and focus their retirement goals.
  • Access to Online Account Information

Get In Touch


(973) 316-1212


(973) 316-0020


210 Malapardis Road, Suite 201
Cedar Knolls, New Jersey 07927


210 Malapardis Road, Suite 201
Cedar Knolls, New Jersey 07927
Phone: (973) 316-1212
Fax: (973) 316-0020

Copyright © 2020 Aljen Asset Management, LLC. All rights reserved.

Aljen Asset Management, LLC is a Registered Investment Advisor. Advisory services are only offered to clients or prospective clients where Aljen Asset Management and its representatives are properly licensed or exempt from licensure. This website is solely for informational purposes. Investing involves risk and possible loss of principal capital. Material presented is believed to be from reliable sources and we make no representations as to its accuracy or completeness. All information and ideas should be discussed in detail with your individual advisor prior to implementation. Fee-Only financial planning and investment advisory services are offered through Aljen Asset Management, LLC, a registered investment advisory firm in the state of New Jersey.

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