“I read with great interest your recent Ask the Experts column about a benefits manager who worked with consultants to put together investment information for an ERISA plan’s...
“Can employer contributions to 403(b)(1) fixed/variable annuities be withdrawn for financial hardship? I reviewed the 403(b) regulations in this regard, but could not find a reference to hardship.”
“As an employee benefits manager for a large nonprofit hospital, I work with our plan consultants to put together investment recommendations for our Employee Retirement Income Security Act...
“We have hundreds of investments in our ERISA 403(b) retirement plan (NOT a brokerage window, but hundreds of actual investment options available directly to participants), which I feel...
“As part of the quarterly due diligence process for our ERISA 403(b) plan, the committee, from time to time, places investment options on ‘watch’ status, per the provisions...
“Our hospital merged with another private tax-exempt hospital last year, and both hospitals are now part of the same controlled group for retirement plan testing purposes.
January 20, 2015 (PLANSPONSOR (b)lines) – “I have worked with a small private tax-exempt that, since its inception many years ago, has had no concerns regarding nondiscrimination testing...
January 13, 2015 (PLANSPONSOR (b)lines) – “I understand that the new 2014 5500 form/instructions have been issued. Are there any changes that would apply to 403(b) plans?”