by ERapp | Aug 6, 2018 | News and Articles
Many American workers participate in company retirement plans, methodically contributing to their accounts over time to fund for life after work. Beyond benefiting from employer-funded plans, retirees commonly draw from additional savings tucked away in IRAs or...
by ERapp | May 3, 2018 | News and Articles
If your company has decided to offer a high deductible health plan, don’t worry, you are not alone. Recent studies show that an increasing number of employers have elected to offer high deductible health plans (HDHP) either to completely replace or be offered in...
by ERapp | May 3, 2018 | News and Articles
Maintaining a retirement plan for your employees is no easy task. At various points during the year, employers and HR departments field participant questions, help with enrollments, deliver notices and statements, and participate in the distribution process. However,...
by ERapp | Aug 8, 2017 | News and Articles
What does it mean when fees are assessed “pro-rata”?The pro-rata method of assessing a fee is when the total fee amount is deducted proportionally from participant accounts. An asset-based fee that is calculated directly from the participant account...
by ERapp | Jun 15, 2017 | News and Articles
For many years, plan sponsors have wrestled with the decision to offer loans to their plan participants. Some consider them to be a benefit and even promote them as a legal way to use tax free money while participating in the plan. According to the Employee Benefit...
