The Employee Retirement Income Security Act (ERISA) requires that plan administrators give participants and beneficiaries a Summary Plan Description (SPD) describing their rights, benefits, and…
Generally, an audit by an independent qualified public accounting firm is required when a plan reaches “large plan” status. Schedule H must be filed with…
Bad news…you’ve just been informed by your Third-Party Administrator (TPA) that your 401(k) Plan failed its ADP/ACP tests. The good news…there are several ways to…
ERISA Section 404(c) allows for 401(k) and profit sharing plans to be set up to make participants or beneficiaries responsible for selecting their investment elections.…
Last week, we shared nine specific ways to avoid a visit from your local “friendly” DOL investigator. Rumors continue to swirl that the DOL is…