If you are a plan sponsor (or you’ve read Part 1 of this guide), you know that you are responsible for overseeing retirement plans (such as 401(k)s or pensions). As such, you must also provide participants with various notices throughout the year. These notices ensure...
401(k) plans
Protect Your Participants: Understanding Plan Participant Disclosures and Notices (Pt. 1 of 3)
As a plan sponsor, you are required to provide a number of communications and disclosures to the plan participant. These disclosures are critical to ensuring transparency, protecting participants, and helping participants make informed decisions about their retirement...
Defined Contribution Plan Annual Review: Key Steps for Plan Administrators
As a plan administrator, you play a vital role in managing a Defined Contribution Plan, you play a crucial role in keeping retirement plans, benefit programs, and pension systems running smoothly. Your responsibilities include overseeing compliance, financial...
Why Plan Sponsors Need a Strong Cybersecurity Policy for 401(k) Plans
If you’re responsible for managing your company’s 401(k) plan, cybersecurity might not be at the top of your to-do list—but it should be. Retirement plans contain highly sensitive financial and personal data, making them a prime target for cybercriminals. A...