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

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

by cpaadmin | Nov 15, 2023 | 401k Plan Audit, 5500, Regulations & Policies

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 begin a new plan year, and suddenly, you’re now a “large” 401(k) plan by Department of Labor standards....

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