Posts

6 Steps to a Better Audit

With spring, comes the annual Form 5500. To reduce audit costs…

5 401(k) Details That Can Kick You Out of Compliance

As an auditor, it’s my job to look at every aspect of a 401(k)…

Why Retirement Plans Need Record Retention Policies - Part 1 of 2

Here’s a scenario: Jane applies for Social Security benefits…

The birthday effect on retirement plans

Birthdays sneak up on all of us, but if you’re a plan sponsor,…

Two types of auto-enrollment mistakes

Auto-enrollment for 401(k) plans is increasingly a popular option.…

Properly crediting 401(k) accounts when there’s a break in service

When an employee leaves a company before fully vesting, and then…

Keeping the pencil sharp on recordkeeping for 401(k) plans

The vast majority of 401(k) plans do not perform recordkeeping…

More info on the service provider fee disclosure regulation

In light of plan sponsors’ need to disclose fees to plan participants…

The hidden benefit in fee disclosure

Fee disclosure day for retirement plans begins July 1, and must…

10 questions to ask before your audit

Your auditor’s engagement letter details the expectations of…