New ERISA Credentials Requirement: In an effort to enhance security and protect the integrity of Form 5500 filings, the Department Of Labor has introduced a new credentialing process for individuals signing the form. This credentialing process ensures that only authorized individuals with the appropriate qualifications and knowledge of ERISA regulations can sign off on these… [keep reading…]
Tag: Employee Benefit Plan
Best Practices for Establishing a 401(k) Plan
Establishing a 401(k) Plan for your employees is a great benefit, but employers must be aware of their fiduciary responsibilities. To ensure your Plan is compliant and running well, consider the following best practices. Plan document review Every six years the Internal Revenue Service requires that Plan Documents be restated to properly reflect changes that… [keep reading…]