Most advisors will encounter controlled group issues at some point. While the rules can become complex, understanding the basics can help identify potential problems early and ensure retirement plans remain compliant. Why Controlled Group Rules Matter The controlled group rules exist to prevent business owners from dividing employees among multiple entities to avoid retirement plan… [keep reading…]
Tag: Controlled Group
Plan Review Triggers: Why TPAs Should Care
In 401(k) administration, a plan review is often most valuable when the employer’s business changes, even if the plan document itself has not. A plan that worked well last year can drift out of alignment when ownership, payroll, compensation, or workforce patterns shift. Periodic reviews help TPAs catch issues before they become failed testing, correction… [keep reading…]