Our Blog - Surety Matters

Though ERISA does not require a committee for the company sponsored retirement plan, having a well trained and organized committee can contribute to prudent decision-making regarding plan administration, investment selection and oversight. A well-functioning committee…
Read Moreabout 401k Committee

One of the many provisions tucked into 2022’s massive SECURE 2.0 legislation is the option for employers to assist employees with student loan payments, by treating the payments as a contribution to the retirement plan,…
Read Moreabout Retirement Plan: Adding the Student Loan Match?

Yes, generally, company sponsored retirement plans with 100 or more participants must include an independent audit report with the annual filing of Form 5500. Additionally, the Department of Labor’s Employee Benefits Security Administration (EBSA) can…
Read Moreabout 401k Plans and Audits?

When you sponsor a retirement plan at your business, you are a fiduciary. Whether or not you know that, understand it, or enjoy the responsibilities it entails, under the high standards of the Employee Retirement…
Read Moreabout How To Manage Your Fiduciary Liability

Increasingly, employers are recognizing the importance of providing financial wellness programming in tandem with benefits like the company sponsored 401k. With surveys continuing to point to the importance of financial literacy for all, it’s  great…
Read Moreabout Financial Ed At Work

Fall’s in the air, and that means homework’s spread out on the kitchen table. If you are a retirement plan sponsor, you’ve got homework too. Now’s the time to tune into details that might be…
Read Moreabout Homework Season: Retirement Plan Sponsorship

When you sponsor a retirement plan for your employees, they are trusting you with their money. A single act of fraud or dishonesty related to the plan funds can have a devastating impact. That’s why,…
Read Moreabout Why Are ERISA Bonds Required?

As the sponsor of a retirement plan at your business, you’ve probably heard the buzz related to ERISA investigations and lawsuits at big businesses with big names. Maybe you’ve shrugged, thinking these things don’t impact…
Read Moreabout Too Small To Face ERISA Scrutiny?

If you sponsor a retirement savings plan for employees, for the protection of the plan, you are required by law to have an ERISA fidelity bond. It is also critical for retirement plan sponsors to…
Read Moreabout Explained: ERISA Bonds and Fiduciary Liability Insurance