Nova 401(k) Associates
Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
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|SPARK Comment Letter to EBSA on Proposed Changes to Form 5500 (PDF)|
The SPARK Institute
Nov. 3, 2021
11 pages. "[SPARK is] concerned that the new information required on Schedule H results from an improper focus on fees, to the exclusion of other very important aspects of plan administration.... [S]ignificant and expensive system builds will be needed to connect the trust report information with other plan data to complete Schedule H.... A [defined contribution group (DCG)] should be allowed to use a single audit ... [T]he questions related to use of affiliates by a pooled plan provider on Schedule MEP [should] be removed or significantly clarified."
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