Plan sponsors can get 2023 off to a great start by marking their calendars with important dates for action in accordance with ERISA regulations. Retirement plan experts provide an overview of key dates for… Read Moreabout 2023 Calendar: ERISA Compliance
With more then half of all federal district courts now presiding over ERISA class-action cases, plan sponsors and other fiduciaries must be prepared to defend themselves against allegations of retirement plan mismanagement and other… Read Moreabout Fiduciaries and Committees
The U.S. Department of Labor has released the annual update to Form 5500 and 5500-SF (the short form), making adjustments that reflect regulatory changes. Retirement plan sponsors are reminded that oversight of the annual submission… Read Moreabout New Form 5500?
2022 began with the decision of the U.S. Supreme Court related to Northwestern’s fee litigation case, which left the retirement plan industry wondering about the implications. Looking back on the year, ERISA law experts… Read Moreabout Litigation Trends: ERISA
Since the Department of Labor issued Guidance in 2021 directing retirement plan sponsors to monitor the cybersecurity protocols in use by service providers, there has been a great deal of confusion about what exactly… Read Moreabout Security Breaches Defined
The end of the year is an important time for retirement plan sponsors to review plan documents and plan operations. Discretionary changes as well as amendments for compliance must be properly reflected in plan… Read Moreabout Compliance: Year End Responsibilities
Business owners of all kinds are learning fast: cybersecurity strategies and tactics are integral to running a successful company. Attention to the cybersecurity protocols of any and all vendors (aka service providers) the company… Read Moreabout Cybersecurity: What About Your Vendors?
A recently study of nearly 2,500 adults points to what is well understood intuitively: people have messy feelings about retirement, and this makes it challenging to target communications and information about retirement savings plans…. Read Moreabout Outcome Oriented
Plan sponsors are advised to stay on top of communications with former employees who leave their 401k accounts behind. The fiduciary risks associated with “orphan” accounts stack up. Facilitating portability is also wise, as is… Read Moreabout Orphan Accounts?
