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80/120 rule for 401k plan audits.

Growing 401(k) plan? The 80/120 rule could save you time and money.

November 15, 2023

If your 401(k) plan is close to hitting “large” by DOL rules at the start of your plan year, the 80/120 rule could save you time and money.   It happens. You[...]

How to choose the right 401(k) plan auditor

How to choose the right 401(k) plan auditor

October 15, 2023

Wondering how to choose the right 401(k) plan auditor for your organization? Here’s what to look for—and avoid—in selecting your auditing firm.   If your[...]

building a relationship with your 401k or benefits plan auditor

Overwhelmed by your 401k auditor’s questionnaires? (We hate them too.)

May 15, 2023

Plan sponsors and advisors, building a relationship with your 401k or benefits plan auditor is better than any questionnaire. Here's why. No matter if you’re a 401(k)[...]

Save time: How to get organized before your next audit

February 15, 2023

  We know, nobody loves to do an audit. (If you did, you’d be working here.) 401(k) audits may look time-consuming, but nothing about them is left to chance. The[...]

Don’t wait until the last minute!

January 14, 2023

Everyone procrastinates. That’s especially true now, when just about everyone is short-staffed. When it comes to your 401(k) audit, the sooner you start, the[...]

Top 3 mistakes on audits this year

December 21, 2022

A 401(k) audit can feel like a test you didn’t study for. After all, you’ve got lots of other priorities. Here’s the catch: Just three mistakes make up more than half the[...]

DOL cybersecurity recommendations (yep, they audit you on these too)

November 15, 2022

Cybersecurity: it’s another area businesses are spending more and more on. And yep, Department of Labor regulations mean you can get audited on it. It’s no surprise the[...]

Yes, terminated employees in your plan count toward the audit requirement

October 15, 2022

Terminating an employee is never easy, but can be necessary. When people leave your company—voluntarily or not—they take the value in their 401(k) plan with them to[...]

Auto-escalation, the right way

September 15, 2022

Auto-escalation is another way you can encourage investment in your 401(k) plan and help your employees put their money to work. With auto-escalation, employees’ 401(k)[...]

Uncommunicative employee? It’s YOUR problem

August 16, 2022

Things that “aren’t your problem” before the introduction of your 401(k) very much become your problem once you have a plan to administer–especially when reviewed in[...]