Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Plan Consultant

BPAS
(Remote / Utica NY / Hybrid)

BPAS logo

Regional Vice President, Sales

MAP Retirement USA LLC
(Remote)

MAP Retirement USA LLC logo

Relationship Manager for Defined Benefit/Cash Balance Plans

Daybright Financial
(Remote)

Daybright Financial logo

Mergers & Acquisition Specialist

Compass
(Remote / Stratham NH / Hybrid)

Compass logo

Cash Balance/ Defined Benefit Plan Administrator

Steidle Pension Solutions, LLC
(Remote / NJ)

Steidle Pension Solutions, LLC logo

DB Account Manager

Pentegra
(Remote)

Pentegra logo

ESOP Administration Consultant

Blue Ridge Associates
(Remote)

Blue Ridge Associates logo

Retirement Plan Administrator

Southern Pension Services
(Remote / Tampa FL / CO / Hybrid)

Southern Pension Services logo

3(16) Fiduciary Analyst

Anchor 3(16) Fiduciary Solutions
(Remote / Wexford PA)

Anchor 3(16) Fiduciary Solutions logo

Relationship Manager

Compass
(Remote / Stratham NH / Hybrid)

Compass logo

Retirement Relationship Manager

MAP Retirement
(Remote)

MAP Retirement logo

Retirement Plan Consultant

July Business Services
(Remote / Waco TX)

July Business Services logo

Retirement Plan Administration Consultant

Blue Ridge Associates
(Remote)

Blue Ridge Associates logo

Relationship Manager

Retirement Plan Consultants
(Urbandale IA / Hybrid)

Retirement Plan Consultants logo

Plan Consultant

BPAS
(Utica NY / PA / Hybrid)

BPAS logo

Managing Director - Operations, Benefits

Daybright Financial
(Remote / CT / MA / NJ / NY / PA / Hybrid)

Daybright Financial logo

Plan Consultant - DB/CB

MAP Retirement
(Remote)

MAP Retirement logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

The #1 Reason Multiemployer Plans Fail a DOL Audit
International Foundation of Employee Benefit Plans [IFEBP] Link to more items from this source
May 21, 2015

"Multiemployer plan trustees have a fiduciary duty under ERISA to make sure the fund is receiving all employer contributions that are due, based on participants' hours worked. This means they must follow up when employers neglect to send their contributions on time (in other words, when they're delinquent). This also means trustees need to make sure that the correct amounts are received. If trustees neglect this fiduciary responsibility, they can be personally liable. They help fulfill this duty by having a payroll audit performed by a knowledgeable and experienced auditor."  MORE >>

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).