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Relationship Manager - Defined Contributions

Daybright Financial
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Plan Administrator

Heritage Pension Advisors, Inc.
(Remote / Woodbury NY)

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Senior Account Manager

Daybright Financial
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MHPAEA Comparative Analyses Requirements, Steps and Compliance Challenges
Lumelight Link to more items from this source
June 18, 2026

"In enforcement actions and audit findings, regulators have consistently identified deficiencies in comparative analyses, particularly where plans cannot adequately document how NQTLs are designed and administered. The most common MHPAEA compliance challenges [include] ... [1] Data access and vendor dependency.... [2] Identifying all applicable NQTLs.... [3] Explaining factors and evidentiary standards ... [4] Demonstrating operational compliance.... [5] Ongoing maintenance obligations.... [6] Fiduciary responsibility.... If this process appears to be complex and overwhelming, that’s because, quite honestly, it is."  MORE >>

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