This is the third in a series of articles designed to inform you of the significance of the so-called "coverage rules" and the "minimum participation rules" applicable to qualified retirement plans, (here are Part 1 and Part 2 if you missed them). In ...
[Read more] about Coverage Rules For 401(k)’s and Other Qualified Plans – Part 3. Average Benefit Test and the Minimum Participation Rule
Retirement Plans Blog
SIMPLE 401(k) Versus a Safe Harbor 401(k): The Pros and Cons for Your Small Business
Choosing the right retirement plan for your small business is crucial for attracting and retaining talent while ensuring compliance with IRS regulations. Two plans that may be options for small businesses are the SIMPLE 401(k) plan and the safe ...
[Read more] about SIMPLE 401(k) Versus a Safe Harbor 401(k): The Pros and Cons for Your Small Business
ERISA Section 510 Claims
ERISA section 510 makes it unlawful for any person to discharge, fine, suspend, expel, discipline, or discriminate against a participant or beneficiary for exercising any right to which he is entitled or may become entitled under an ERISA plan. ...
[Read more] about ERISA Section 510 Claims
What It Means To Be An ERISA Fiduciary
An overview of ERISA fiduciary rules...
ERISA's definition of "fiduciary" basically encompasses three categories of responsibility or activities with respect to an employee benefit plan. In addition to anyone who is specifically named as a ...
[Read more] about What It Means To Be An ERISA Fiduciary
ERISA Reporting Requirements
ERISA reporting requirements, as well as other retirement plan reporting requirements, can be daunting for plan sponsors and administrators new to the process. This article is an introduction to those requirements and responsibilities.
Form ...
[Read more] about ERISA Reporting Requirements
Oops! We’re in a Controlled Group of Companies. What Happens to Our 401(k) Plan Now?!
Whether you made the mistake of thinking that you were or were not in either a controlled group of companies (CG) or an affiliated service group (ASG), your plan will have fundamental tax qualification issues that must be corrected before you wind up ...
[Read more] about Oops! We’re in a Controlled Group of Companies. What Happens to Our 401(k) Plan Now?!