The Employee Benefits Security Administration (EBSA) is responsible for ensuring the integrity of private employee retirement plans. In 2010, the DOL conducted 3,112 civil investigations,…
Each retirement plan is required to have a formal, written plan document that details how it operates and its requirements. In addition, Retirement plans are…
On the IRS’s Website, “inadequate or no fidelity bond” is listed as the number two defect that compliance officers found during audits. All qualified retirement…
Compliance testing is an annual IRS requirement for all qualified retirement plans and serves as a checkpoint to ensure compliance with Internal Revenue Code and…
All retirement plans have certain key elements. These include: A written plan that describes the benefit structure and guides day-to-day operations A trust fund to…