Compliance | April 14th, 2023 Study Shows State-Built Retirement Programs Complement Private Plans New state-facilitated initiatives may boost private sector plans, not crowd them out, a Pew analysis of federal data shows.
Ask the Experts | March 28th, 2023 Is Change Coming for 403(b) Plan 5500 Filings? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Administration | February 24th, 2023 Form 5500 Changes for 2023 The Department of Labor has published the Form 5500 changes for this year.
Compliance | January 4th, 2023 California Food Processing Firm Sued for Alleged ERISA Violations Participants of a retirement plan sponsored by Ventura Foods allege that Ventura’s mismanagement cost their retirement savings significantly.
Compliance | December 12th, 2022 Department of Labor Announces Form 5500 Changes The changes to 5500 instructions are made annually.
Ask the Experts | November 15th, 2022 What Responsibilities and Liabilities Come With Signing The Form 5500? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Benefits | October 12th, 2022 Aon PEP Passes Assets Milestone Aon has accumulated $1billion in plan assets and commitments since it launched the pooled employer plan.
Ask the Experts | July 26th, 2022 Are Retirement Plan Sponsors Still Required to File Form 8955-SSA? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Compliance | June 9th, 2022 PSNC 2022: Preparing for Regulatory Audits and Investigations One key takeaway from a panel discussion about DOL and IRS audits: the occurrence of an audit does not necessarily...
Compliance | May 26th, 2022 Department of Labor Announces Final Form 5500 Changes The changes to Form 5500 for defined contribution and defined benefit plans are modest.
Compliance | January 7th, 2022 Finalized Form 5500 Changes Add Little to Plan Sponsors’ Responsibilities While plan sponsors will need to ensure the form contains accurate data, many of the proposed changes to the 2021...
Compliance | December 30th, 2021 DOL Publishes Informational Copies of 2021 Form 5500 Among other notable changes, the Form 5500 instructions have been amended to make clear that a pooled employer plan is...
Compliance | October 18th, 2021 New Financial Audit Rule Increases Requirements for Plan Sponsors Plan sponsors will be required to provide much more data, as well as certifications about plan administration and governance, and...
Compliance | September 14th, 2021 DOL Asks for Comments on Proposed Changes to Form 5500 The agency—which says the revisions are needed to implement provisions of the SECURE Act—has also published a notice of proposed...
Compliance | August 10th, 2021 IRS Addresses Form 5500 Filing for Plans Adopted Retroactively No Form 5500 is required for the plan year in which the new plan is effective, but additional filing instructions...
Compliance | December 2nd, 2020 DOL Reveals Changes to 2020 Form 5500 Modifications include updates in response to the SECURE Act.
Compliance | November 5th, 2020 Finding the Right Plan Auditor While implementing a request for proposals (RFP) isn’t necessary for every plan, issuing one can be a crucial step in...
Compliance | October 1st, 2020 Auditors’ View of Plan Management Auditors share common errors they find when doing retirement plan financial audits and what they recommend for plan sponsor processes.
Compliance | September 2nd, 2020 IRS Requests Comments on Form 5500 Changes/Obligation There are two proposed changes, and comments are also requested about ways to enhance the information collected and to minimize...
Compliance | February 28th, 2020 Retirement Plan Financial Audit Processes Are Evolving New processes and systems can cut costs for plan sponsors, streamline the work and allow for any discrepancies to be...