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Message Boards Digest

May 30, 2023

Here are the most recently added topics on the BenefitsLink Message Boards:

alexa created a topic in Health Plans (Including ACA, COBRA, HIPAA)

Can Direct Sellers Be Excluded from ACA Testing?

"We have direct seller who get a W-2 from us; the majority pf what they do for most is 100% direct sales. They are excluded from H&W & 401k benefit plans. Must these direct sellers be counted in ACA testing?"

2 replies so far   |    Click Here to Add a Reply

RestAssured created a topic in Investment Issues (Including Self-Directed)

Ineligible Assets - Audit Info

"I have a small business owner (himself, his wife, and 3 employees) in a 401(k) plan who would like to invest his balance in a Limited Partnership (which holds real estate). This group is already in segregated accounts, but the owner's investing of almost 100% of his own balance is still way more than 5% of plan assets. The plan would still need an independent audit, correct? ... Besides this question, can someone please point me into some reliable source for learning more about question #6 a & b on the 5500SF -- ineligible plan assets and the subsequent plan audit requirements?"

2 replies so far   |    Click Here to Add a Reply

austin3515 created a topic in Operating a TPA or Consulting Firm

How Many Years of Emails Are You Saving?

"Just trying to decide how many years worth of old emails to save."

5 replies so far   |    Click Here to Add a Reply

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Strategic Pension Services, LLC
Remote / Albany NY

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Trane Technologies
Davidson NC / Hybrid

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401(k) Administrator  View details

Blue Ridge ESOP Associates
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