While it may seem like just another annual employment obligation, the federal Form 5500 is an important component of the Employee Retirement Income Security Act (ERISA), which outlines required minimum…
Upcoming Changes to Improve ERISA Audit Report Quality
Administrators of employee benefit plans (EBP) rely on routine and rigorous third-party audits to help them maintain compliance with applicable federal regulations, so it is critical to ensure that the…
Locating Missing Retirement Plan Participants: An Employer’s Responsibility
Whether an employer wants to terminate its pension plan or streamline 401(k) management costs, tracking down older, missing or unresponsive participants is a complex challenge required under the federal Employee…
Ongoing ERISA Requirements for Employers Offering Retirement Plans
Whether it is a defined benefit plan or a 401(k) account, retirement plans are an important part of the benefits package a company uses to attract and retain top talent….
How to Prepare Now for Your Next Employee Benefit Plan Audit
For companies that provide benefit plans to employees, spring means annual audit season is around the corner. Though it’s not something most plan administrators look forward to, the audit can…