Bundled or Unbundled: That Is the Question

Employers have a choice when building their company retirement plan and choosing service providers who will help them manage the plan.  Excluding those services provided by a financial advisor, the choice is either to “bundle” the plan document, plan administration, reporting, and investments with one provider or to “unbundle” those services with at least two…

Late or Missing Deposits

Timing is everything. You’ve no doubt heard this phrase, but it holds especially true when it comes to depositing employee deferrals into your 401(k) plan. Depositing each employee’s salary deferral into their 401(k) plan account may seem like a small piece of the 401(k) puzzle, but failing to meet the deadlines for depositing the contributions,…

Tibble vs. Edison: Next Steps for Plan Sponsors, Part 2

Over 10 years after the initial filing of the Tibble vs. Edison suit, a new ruling has emerged. In 2015, we wrote a blog post about what the suit could mean for plan sponsors going forward. In 2017, the U.S. District Court for the Central District of California sided with the plaintiffs in the Tibble vs. Edison…

Compliance and Administrative Deadlines to Remember

If you’re like us, your world revolves around deadlines. We decided to make it easier on ourselves (and you) by adding them all in this graphic for quick reference. You can also view major upcoming deadlines on the Compliance Calendar on our blog page. Download the calendar here: ERISA Deadlines for Calendar Year Plans   We…

401(k) Plan Administration Pitfalls

Business Owners often weigh the pros and cons of offering many types of employee benefits, from health care coverage to weekly lunches. On one hand, many of these benefits are crucial to the health and happiness of your employees. On the other, managing a health care plan adds administrative burden and requires some understanding of…

Top 5 Blog Posts

Rewind with us as we reminisce about 2017 and look back at our top-performing blog posts of all time! With 2018 approaching, we’re reviewing the information you found most useful in previous years and adding the finishing touch to our game plan for the retirement topics we’ll tackle in 2018.   Straw, Stick and Brick House…

Safe Harbor 401(k) Plans

Adding Safe Harbor provisions is a simple and popular option for plan sponsors, and we revisit the benefits of adding a Safe Harbor provision to a 401(k) plan often on our blog. Read through our fact sheet below to see why! Download this fact sheet here. Questions about establishing a Safe Harbor 401(k) plan, or…

Spring Cleaning – Terminated Participants’ 401(k) Accounts

Spring cleaning. Some look forward to it, others dread it. If we’re honest, the more thorough we are with our spring cleaning, the better off we are throughout the year. We recently published a post explaining the benefits of rolling money out of the plan for terminating participants. Now, it’s the plan sponsor’s turn. It’s time to…

The Perfect Concoction for a Successful 401(k) Plan

Brightscope recently released its 8th annual list of the top 30 401(k) plans (2016). Big names like Delta, the NFL, Southwest, UPS and Google made the list. If you’re a small business owner or an advisor for retirement plan sponsors, attaining a spot on this list may seem far-fetched. So, how do you make your 401(k)…

TPA, ERPA, QKA – What the What?

When you look at the signature after our President, Shannon Edwards’, name, you’ll notice a long list of designations – ERPA, QPA, QKA, APR, and APA. Common credentials like MD., or Ph.D. are easily recognized, but credentials in the qualified retirement plan industry are less identifiable. Even those within the industry may not know the…