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Pentegra
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Relationship Manager for Defined Benefit/Cash Balance Plans Daybright Financial
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Managing Director - Operations, Benefits Daybright Financial
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BPAS
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Retirement Relationship Manager MAP Retirement
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BPAS
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Regional Vice President, Sales MAP Retirement USA LLC
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BPAS
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Anchor 3(16) Fiduciary Solutions
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Cash Balance/ Defined Benefit Plan Administrator Steidle Pension Solutions, LLC
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Retirement Plan Administration Consultant Blue Ridge Associates
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ESOP Administration Consultant Blue Ridge Associates
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MAP Retirement
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Southern Pension Services
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July Business Services
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Nondiscrimination Testing: Common Pitfalls & How to Avoid ThemSegal |
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Jan. 25, 2024 On-Demand Podcast |
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We take a closer look at nondiscrimination testing (NDT), a requirement that can be a thorn in the side of plan sponsors. Even though these tests (to ensure plans don’t favor highly paid employees) are required for all ERISA retirement plans, they’re usually not top of mind for plan sponsors given all the other issues involved in managing a plan. Get steps for avoiding common NDT headaches, the pitfalls of using inaccurate plan data, and what to do if you fail a test. The topic is a timely one: the March 15th deadline for 401(k) plan NDT completion and corrections is fast approaching. |