by JoAnn Cassell | Oct 15, 2021 | 401k Plan Audit, Plan Sponsors
Do you know the real cost of your plan? 401(k) plans are attractive to employers for retaining and recruiting employees, but all 401(k) plans come with a price. No surprise, right? Yet, costs shouldn’t prevent you from offering this benefit to your employees; just try...
by JoAnn Cassell | Sep 15, 2021 | Retirement Plan
Establishing a 401(k) retirement plan is simple. After all, you just have to choose vendors, draft legally sound documents, operate the plan, and stay in compliance. No big deal, right? Actually… not so much. Setting up a 401(k) plan involves many moving pieces...
by JoAnn Cassell | Aug 18, 2021 | 401k Compliance Error, 401k Plan Audit, 401k Plan Mistakes, Eligible compensation discrepancies
It happens… you’ve performed your audit and discovered some discrepancies. If you’ve ever found yourself in this position, you’re definitely not alone. In fact, eligible compensation errors are so common that they’re included in the IRS...
by JoAnn Cassell | Jul 22, 2021 | Merger & Acquisitions, Record Retention
Congratulations to your organization on selling (or buying) a business! Now comes the fun part: Figuring out what to do with all of those employee records. When you’re a 401(k) retirement plan sponsor, the question of what to retain through the merger and...
by JoAnn Cassell | Jun 16, 2021 | 401k Audit Oversight, 401k Plan Audit Documentation, Audit Procedures
We all know that 401k plans provide benefits to employees and employers alike, offering enhanced retirement security for workers and acting as an enticement when recruiting new employees. But for those charged with managing 401k oversight, these popular plans bring...
