Simple, Straight-Forward Application Process

Step 1: Complete Employer Application

To set up your Springline Retirement Plan, go to The Springline Retirement Plan webpage and click the "Get Started" button on the top, right-hand side of the page.

You will then be asked to complete general information on your company, including Trade License, Tax or Registration Number, and whether you currently have a employer retirement plan in place. If you currently have a different plan in process, then you will be asked if you want to keep the same structure, i.e. Trust Deed, Trustees, etc., or adopt a new structure. Springline accepts both options!

On the next page you'll be asked to list the Directors of the company, as well as any Owners with 10% or more ownership. We require this information for regulatory purposes.

Get Started Now!

Step 2: Upload Documents

To complete your Springline Retirement Plan, you'll need to upload the following documents for compliance purposes (only one document per category is required):

• Proof of Company's Existence
  • Articles of Incorporation
  • Company Charter
  • Govt.-Issued Business License
  • Certificate of Good Standing
  • Memorandum &amp Articles of Association
• Proof of Company's Address
  • Mortgage, deed, title or lease
  • Utility bill
  • Business insurance policy
  • Govt.-issued letter
• Proof of Identity and Address for each Director and 10% plus Owner
  • Copy of Passport for each
  • Copy of Driver's License for each

Step 3: Select Flexible Elective Provisions

Next, you have the flexibility to select different elective provisions to tailor your plan to the objectives and culture of your company. These include:

• Flexible Contributions
  
• Low-Cost Fee Structure
  
• Employee Eligibility
  
• Model Portfolios
  
• Vesting Schedule
  
• Past Service Credit
  

Step 4: Automatically Enroll Employees

Once your application is complete and accepted, we will provide you with a link to electronically invite your eligible employees to participate in your plan.

​We have designed the Springline Retirement Plan to be as easy as well possible in order to reduce the amount of time spent (and headache) on your part!

Monthly: Submit Contributions

Make One Deposit per Month for All Participants

The Springline Retirement Plan provides employers flexibility in determining how much the employer contributes on behalf of each employee, and if employees are required to make contributions. These pre-tax contributions are deducted prior to Payroll Tax, and therefore reduce the tax basis for calculating Employer and Employee Payroll Taxes.

Once remittance amounts are calculated for each employee, the employer should deduct employee contributions from each paycheck and deliver a cheque, and Bank Deposit Slip, for the total amount calculated on the Contribution Input Form for the period.

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We're Here To Help

(284) 340-1032

Plan Governance

The Springline Retirement Plan is a Section 7(2)(0) BVI Retirement Plan—up to 20% of the employer and employee contributions are made pre-Payroll Tax.  This means you and your employees reduce your tax payments.
 
​The Springline Retirement Plan is set up as a trust domiciled in the British Virgin Islands, and is governed by a licensed BVI Trustee, whose primary role is to ensure:

• the Plan is administered in accordance with applicable legislation,
• the decisions made by the Plan are in the best interests of employers and employees,
• the Plan is clearly communicated to employers and employees, and
• the investment portfolios are prudently managed.​

Download Employer Handbook

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​Pay one low fee.

$750 One-Time Setup Fee

No hidden fees. No additional transfer fees. What you see is what you pay.
See Fee Details
​
​Setup fees may be waived for plans with greater than $250k in Assets Under Management

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