by newwatkinsross | Jul 12, 2022 | Retirement Plans
Retirement plan record retention rules are found in both the Department of Labor (“DOL”) Regulations and the Employee Retirement Income Security Act of 1974 (ERISA), plus there are statutes of limitation concerns in relation to retirement plan sponsor liability for...
by newwatkinsross | May 19, 2022 | Retirement Plans
Department of Labor (DOL) rules require that employers deposit retirement plan participant deferrals as soon as administratively possible. For small retirement plans (under 100 participants), this is typically a timeline of 7 business days. Large retirement plans (100...
by newwatkinsross | Feb 10, 2022 | 401(K) Plans, Health Plans, Retirement Plans
What Are Controlled Groups and Controlled Group Rules? Controlled group rules exist to prevent business owners from subdividing their company into two separate companies – one employing highly compensated employees (HCEs) with a retirement plan and the other...
