What’s been going on in the retirement & health plan fields? Here we’ll discuss the latest information & best practices for managing your plans.
January 1st brings anticipation for the future, a fresh start, and a chance to get organized. And for business owners, this includes getting your business organized! Starting with the retirement-plan reporting season....
If you are a business owner or plan administrator who sponsors a 401(k) or 403(b) plan, there’s an important change on the horizon you’ll want to prepare for. A key change from the SECURE 2.0 Act will soon affect how many employees save for retirement – and...
When employees leave your company, their retirement plan balances don’t always go with them. Over time, those small, inactive accounts can pile up. This creates extra work, higher administrative costs, and potential compliance headaches for your team. That’s...
As a plan administrator or employer, it is your responsibility to provide specific notices and required disclosures to plan participants about their defined contribution (DC) plans. And of course, there are a number of guidelines you’re required to follow...
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...
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...
As a Plan Administrator, understanding 401k audit requirements is essential for maintaining compliance and avoiding costly penalties. This guide provides a clear overview of what triggers a 401(k) audit, what documentation and data are reviewed, and and how...
As your group’s Plan Administrator, you're on the front lines of ensuring compliance. That includes gathering the right data, filing Form 5500 accurately, and meeting critical deadlines. At Watkins Ross, we expertly prepare Form 5500 for our clients. This is...
Employee benefits, like retirement plans, play a powerful role in boosting engagement and supporting long-term employee retention. To maximize a retirement plan’s value for both employees and the company, plan administrators must ensure the plan is carefully...
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,...