NQDC Plans Have Similar Designs As Qualified Plans

Seventy-one percent of plans allowing employer contributions make a match, and more than half of plan sponsors offer the same investment menu as offered in their qualified DC plans, PSCA’s benchmarking report found.

Top Hat Plan Dispute Time Barred

A federal appellate court did not even consider whether the plan in question was a top hat plan because it found the lawsuit missed the statute of limitations under Maryland law.

DOL Proposes Electronic Filing of Top Hat Plan Statements

September 29, 2014 (PLANSPONSOR.com) - The U.S. Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) proposed a regulation that would require electronic filing of “top hat” plan statements, and apprenticeship and training plan notices.