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,…

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…