CRPS case studies
CRPS · Put your knowledge to work in context.
The Chartered Retirement Plans Specialist℠ (CRPS®) is a professional designation listed among the certifications offered by the College for Financial Planning®, a Kaplan Company - the school the source describes as the original creator of the CFP® mark and an HLC-accredited institution. The credential is built for financial professionals whose work centers on employer-sponsored retirement plans rather than individual retirement planning alone, and its curriculum is organized around four content areas: plan design and selection; plan implementation and installation; plan administration and operation; and fiduciary, compliance, and client-advisory issues. The CRPS case studies are 5 cases and about 3,420 words.
1Three Partners, Two 900-Hour Staff, and a New Comparability Allocation
Ridgeway & Sato LLP has 12 employees: three equity partners (ages 49, 52, and 55; W-2 compensation 310,000 each) and nine staff (average compensation 58,000). The partners want to defer the maximum and save more than the 2025 §402(g)/§415(c) limits allow through a 401(k) alone.
689 words, about 3 min2Short Initial Plan Year, Seasonal Workers, and a Brother's Company
Northline Fabrication (62 employees) adopts a 401(k) effective October 1, 2025, with a short plan year ending December 31, 2025. Pruitt, wants to exclude 14 seasonal workers laid off each November, require one year of service for all contributions, and add a 3% safe harbor nonelective.
706 words, about 4 min3Missed Deferrals, Late Deposits, and a Late-Looking Safe Harbor Contribution
Harborlight Medical sponsors a calendar-year 401(k) with a 3% safe harbor nonelective and a 50% match on the first 6% of pay. The plan has 85 participants.
692 words, about 3 min4A Sleeping Committee, Revenue Sharing, and a 3(21) Advisor
Cedar Point Health (180 employees) sponsors a 401(k). The plan committee is the CFO, the HR director, and the owner.
688 words, about 3 min5Participant Counts, the 80–120 Rule, and a Deficient Fidelity Bond
Summit Tool & Die sponsors a calendar-year 401(k) with 120 participants on January 1, 2025 (95 active eligible employees and 25 former employees with balances). Plan assets are 8.2 million, including 600,000 of employer stock.
645 words, about 3 min