Featured Jobs
|
Retirement Plan Administrator (Part-Time) Accelefund, Inc.
|
|
Spectrum Pension Consultants (part of Daybright Financial)
|
|
Participant Services & Operations Coordinator Pentegra
|
|
3(16) Retirement Plan & Customer Liaison Compass
|
|
BPAS
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
Search the News Archive
|
39 Matching News Items |
| 1. |
Watkins Ross
Dec. 22, 2025
"One of the most important pieces of information that your TPA will request is retirement plan year wages ... Providing correct contribution totals is also essential ... Personal and employment data ... are necessary for determining eligibility and plan participation dates.... Identifying who the highly compensated employees are for each plan year is essential for accurate ADP test results."
|
| 2. |
Watkins Ross
Nov. 30, 2025
"Plan Sponsors will need to make decisions on how to implement the Roth catch-up contributions in the plan document.... If the plan does not allow for Roth contributions, HPIs cannot make catch-up contributions ... [T]he plan must permit all eligible catch-up participants to make Roth catch-up deferrals, regardless of FICA wages."
|
| 3. |
Watkins Ross
Oct. 30, 2025
"If involuntary distributions are selected in your plan document, you must follow the mandatory cash-out rules. That means reviewing all terminated participant accounts at least once a year and taking the necessary action to distribute eligible balances. These distributions can occur without the participant’s authorization, as long as you’ve provided at least 30 days’ notice of the pending distribution."
|
| 4. |
Watkins Ross
Sept. 1, 2025
"[1] Understand regulatory requirements ... [2] Provide clear, concise, understandable notices ... [3] Use multiple delivery methods ... [4] Stay ahead of deadlines ... [5] Maintain records of notices ... [6] Be transparent about fees and investments ... [7] Provide relevant information at key times ... [8] Make notices accessible to all participants ... [9] Promote financial education ... [10] Review and update notices regularly ... [11] Ensure a user-friendly format ... [12] Seek professional guidance as needed."
|
| 5. |
Watkins Ross
Sept. 1, 2025
"[A] chart explains what information is provided and the deadline for each notice or document.... Effective for plan year beginning after December 31, 2022, DC plan sponsors have the option to exclude certain employees from such notices."
|
| 6. |
Watkins Ross
Mar. 24, 2025
"[A]nnual recordkeeping requirements ... Plan costs and fees ... Plan design and features ... Regulatory compliance ... Participant communication and education ... [P]lan participation and enrollment ... Audits and financial oversight ... Technology and data integrity ... Investment performance ... Identify opportunities for plan improvements ... Implement outreach efforts."
|
| 7. |
Watkins Ross
Feb. 24, 2025
"cybersecurity policy is essential for protecting participant information, ensuring compliance, and most of all, keeping your employees' hard-earned retirement savings safe. With cyber threats constantly evolving, it's imperative to implement a 401(k) cybersecurity strategy. Failing to do so could lead to data breaches, fraud, and serious financial consequences."
|
| 8. |
Watkins Ross
Nov. 5, 2024
"[1] Due diligence: Assessing existing 401k plans ... [2] Deciding on the fate of the 401k plans ... [3] 401k plans: Compliance considerations ... [4] Communication with employees ... [5] Handling investment options ... [6] Understanding potential cost implications ... [7] Fiduciary responsibilities post-merger."
|
| 9. |
Watkins Ross
Feb. 29, 2024
"Even if you currently allow Roth deferrals, you are not required to offer Roth Employer contributions. You can offer this option even if your plan does not offer Employee Roth deferrals. An employee must irrevocably elect Roth treatment for matching and nonelective contributions before they are allocated to their plan account."
|
| 10. |
Watkins Ross
Nov. 12, 2023
"For plan years beginning on or after January 1, 2023, only participants with an account balance at the beginning of the year ... are counted for purposes of requiring an audit.... If you are still close to the participant count threshold, consider looking at your terminated participants with account balances and make efforts to force out small account balances as your plan may allow."
|
| Next » |
|
Syntax Enhancements for Standard Searches
|