by ERapp | Feb 26, 2013 | News and Articles
At some point, almost every company that sponsors a retirement plan will experience the ?fun? of tracking down a missing participant in order to pay a benefit. Although difficult to avoid completely, there are steps employers can implement as part of normal operations...
by ERapp | Dec 26, 2012 | News and Articles
Anyone who has ever watched late night television is familiar with the ubiquitous Top 10 List, counting down humorous examples of whatever is in the news. Not to be upstaged, the IRS has its own Top 10 List—the top 10 plan compliance failures found in voluntary...
by ERapp | Oct 26, 2012 | News and Articles
There are few things that will give a person that sinking feeling in the pit of their stomach like opening the mailbox and seeing an envelope with the words “Internal Revenue Service” (or Department of Labor) in the return address. It is similar to...
by ERapp | Aug 26, 2012 | News and Articles
There are many reasons for the wide popularity of 401(k) plans, one of which is that they shift the funding burden from employers to employees. But this advantage may be diminished for plans classified as “top heavy” where special contribution rules kick...
by ERapp | Jun 26, 2012 | News and Articles
The rules that govern the behavior of retirement plan fiduciaries are quite complex. Any time we are required to deal with complicated subject matter, things can get confusing, potentially leading to decisions based on a misunderstanding. In this issue, we will try to...
by ERapp | Feb 26, 2012 | News and Articles
One of the most fundamental requirements in managing a qualified retirement plan is counting an employee’s length of service. It is the basis for determining such items as plan eligibility, entitlement to company contributions, vesting and even retirement...
