<span style="color: rgb(120, 92, 165); font-family: arial;">401(k):</span><b> Find and Fix – Participant Loans Weren’t Administered According to Plan Terms
An employee comes to you after taking out a loan against her 401(k). She explains that it has been several months and no repayments are […]
<span style="color: rgb(120, 92, 165); font-family: arial;">401(k):</span><b> Find and Fix – Hardship distributions weren’t made properly
You’ve been the benefit administrator with your current employer for a couple of years. During that time, there have been a handful of employees who […]
H.R. 3236 – New Bill Impacts Group Plans
On July 31, 2015, President Obama signed into law H.R. 3236, the “Surface Transportation and Veterans Health Care Choice Improvement Act of 2015.” The new […]
<span style="color: rgb(120, 92, 165); font-family: arial;">401(k):</span> <b> Find and Fix: Elective Deferrals Weren’t Limited to the Allowable Limit and Excesses Weren’t Distributed
You have put extra effort into promoting the benefits of saving for retirement, and you are excited to hear that several of the participants in […]
<span style="color: rgb(120, 92, 165); font-family: arial;">401(k):</span> <b> Obergefell v Hodges: what it means means for 401(k) plans
On June 25, 2015, the Supreme Court handed down its decision in Obergefell v Hodges, in which it ruled that the United States Constitution does […]
<span style="color: rgb(120, 92, 165); font-family: arial;">401(k):</span> <b> Find and Fix – 401(k): Plan Error: You Failed to Deposit Employee Elective Deferrals in a Timely Manner… Oh my!
Your plan year has come to a close and you’ve decided to perform your annual plan review so that nothing will surprise you when the […]
<span style="color: rgb(120, 92, 165); font-family: arial;">401(k):</span> <b> Find and Fix – You haven’t filed a Form 5500 this year
Most 401(k) plan administrators are required to file an annual Form 5500, Annual Return/Report of Employee Benefit Plan. All Form 5500 filings must be filed […]
<span style="color: rgb(120, 92, 165); font-family: arial;">401(k):</span> <b> Greater Flexibility for 401(k) Plan Annual Fee Disclosures!
When is your 2015 Annual Fee Disclosure Due? In an effort to provide plan sponsors with more flexibility in complying with the many participant notices […]
<span style="color: rgb(120, 92, 165); font-family: arial;">401(k):</span> <b> New Form 5500-SUP
On March 31, 2015, the IRS released an updated draft of Form 5500-SUP which may be required of qualified plans with plan years starting on […]