Cross-Testing:  A Very Flexible Arrow in the Retirement Plan Quiver by Ilene H. Ferenczy, Esq Suppose you are the plan administrator for a larger company and you want to design ...

Top 10 Mistakes 401k Plan Sponsors Make – Mistake #5 – Missing Documents. When the IRS or DOL come calling for an audit, they generally start with a request ...

  Top 10 Mistakes 401k Plan Sponsors Make: Mistake #7 – Wrong Definition of Compensation Continuing our series on top mistakes made by 401k and 403b plan sponsors, Fisher ...

401k Lawsuit Demonstrates the Need for Solid Documentation. Lawsuits around the handling of 401k plan assets have become almost commonplace for plan sponsors, plan providers and plan fiduciaries.  Every ...

Compensation is Simply Compensation, Right? by Michael Bourne This is the “Information Age,” so how hard can it be to determine how much we paid our employees last year?  ...

  Form 5500 – Sponsors Forgetting to File Can be a Costly Mistake. A third-party service provider might handle your Form 5500 filing, and that’s fine. However, it’s still important ...

Summary Annual Reports – Outdated and Redundant? Friday, September 30 is the deadline to send the summary annual report for defined contribution (DC) plans. However, some employers are questioning its ...

401k Loans – new guidance issued by IRS. 401k Loans can be troubling for 401k and 403b plans with administrators concerned about the burdens and costs to the plan ...

401k plan sponsors who contract with third party employers and have temporary or “leased” employees on staff should be aware of these individuals’ potential impact on their retirement plan. ...

DOL audits are never fun but they are made worse when a new administrator of the company’s 401k plan just takes over and has to put together information maintained ...