Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
Nova 401(k) Associates
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|Procedures for Tracking Required Plan Amendment Compliance for Individually Designed Retirement Plans|
Foley & Lardner LLP
Nov. 18, 2021
"Faced with the need to demonstrate compliance with required amendments to auditors and other third parties on an ongoing basis, some employers have adopted a procedure, which uses the 'self-help' resources established by the IRS in Revenue Procedure 2016-37 ... [Y]ou can begin now with the 2020 plan year by reviewing your plan against IRS Notice 2020-83 and the current updated Operational Compliance List and documenting the results."
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