DOL

/Tag: DOL

An Annual 401(k) Audit is NOT an IRS/DOL Plan Audit

With the reporting deadline for employee benefit plans rapidly approaching, it is important to be familiar with the 401(k) audit compliance rules and to know the difference between an annual 401(k) audit performed by a CPA firm and an IRS or DOL 401(k) plan audit.

2018-07-27T08:33:56+00:00July 27th, 2018|Categories: Newsletters/Bulletins|Tags: , , , , , , , , |Comments Off on An Annual 401(k) Audit is NOT an IRS/DOL Plan Audit

The Integrity of a 401k Plan Provider

The Department of Labor (DOL) fiduciary rule, delayed from the original April 10, 2017 deadline, expands the ERISA (Employee Retirement Income Security Act) definition of “investment advice fiduciary” so that every financial professional working with retirement plans would be held accountable as a fiduciary of the plan.

2017-04-18T23:17:28+00:00April 18th, 2017|Categories: 401k Resources|Tags: , , , , , , , |Comments Off on The Integrity of a 401k Plan Provider

ERISA Fidelity Bond vs. Fiduciary Liability Insurance

I am a small business owner sponsoring a 401k retirement plan. Are my personal assets at risk? What kind of coverage can I get with Fiduciary Liability Insurance and how does it differ from the required ERISA Fidelity Bond?

2017-04-06T12:07:41+00:00April 6th, 2017|Categories: 401k Resources|Tags: , , , , |Comments Off on ERISA Fidelity Bond vs. Fiduciary Liability Insurance