Loan & Distribution Specialist AimPoint Pension
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Compass
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AimPoint Pension
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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SOP 94-4-1 Implementation Affects 2006 Audits of Employee Benefit Plans
form5500help.com Nov. 2, 2007
Excerpt: An unexpected challenge is determining just which contracts are 'fully benefit responsive.' Financial institutions and accountants are working to coordinate the information that must be shared to accommodate these new rules, but there's no best practice or standard reporting format developed just yet. However, it will alter the information that appears in the Statement of Net Assets Available for Benefits portion of the auditor's report.
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