Compliance Deadlines Archives

Upcoming Compliance Deadlines for Calendar-Year Plans

Upcoming Compliance Deadlines: Participant notices, ADP/ACP Corrections, Discretionary Amendments, Defined Benefit Funding, IRS Form 945, IRS Form 1099-R, IRS Form W-2

Marketing2020-11-13T11:26:40-05:00November 13th, 2020|Categories: Newsletters/Bulletins|Tags: Discretionary Amendments, Defined Benefit Funding, IRS Form 945, IRS Form 1099-R, IRS Form W-2, Compliance Deadlines, 401(k) plan, Participant notices, ADP/ACP Corrections|Comments Off

Upcoming Compliance Deadlines for Calendar-Year Plans

The CARES Act gives the DOL the authority to delay deadlines due to public health emergencies. The dates below are in effect as of the date of this publication.

Marketing2020-04-07T09:56:51-05:00April 7th, 2020|Categories: Newsletters/Bulletins|Tags: 401k Compliance, Compliance Deadlines|Comments Off

‘Tis the Season

It’s the time of year when Plan Sponsors scramble to deliver the myriad notices required to be given to their participants. Even with the help of service providers, the sheer number of notices can be overwhelming.

Marketing2018-11-19T15:34:28-05:00November 12th, 2018|Categories: Newsletters/Bulletins|Tags: Automatic Contribution Arrangement, ERISA 404(c) Disclosures, Fee Disclosure Notice, 401k Retirement Plans, 401k Compliance, Compliance Deadlines, 401(k) Plan Sponsor, Safe Harbor Notice, Qualified Default Investment Alternative (QDIA) Annual Notice|Comments Off

HSA vs 401(k)

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 conjunction with a more traditional Health Maintenance Organization (HMO)plan or Preferred Provider Organization (PPO) plan. When sponsoring an HDHP, employers typically offer their employees the ability to contribute to a Health Savings Account (HSA) to help offset the increased deductible associated with the HDHP. In 2015, 24 percent of all workers were enrolled in a HDHP with an HSA savings option. This is a dramatic rise since 2009 when just 8 percent were covered under such plans.

Evan Rapp2018-05-03T09:16:07-05:00May 3rd, 2018|Categories: Newsletters/Bulletins|Tags: HSA, HDHP, High Deductible Health Plan, Compliance Deadlines, 401(k), 401k Compliance, Health Savings Accounts|Comments Off