Compliance Archives - $0 Employer-Cost 401(k) Plans

State Mandated Retirement Programs – What You Need To Know

Several states have state mandated retirement programs. Is yours one of them?

The Successor Plan Rule And Opening A New 401(k) Plan

Here’s a quick overview of the successor plan rule and why it could prevent a plan sponsor from opening a new 401(k) plan.

401k plans 401k rollover compliance plan sponsor

What is a 3(16) and 3(38) Fiduciary for 401(k) Plans?

Understand the differences between a 3(16) and 3(38) fiduciary, and their roles in your retirement plan.

3(16) fiduciary 3(21) fiduciary 3(38) fiduciary compliance DOL EBSA ERISA fiduciary fiduciary responsibility

ERISA Fidelity Bonds: What You Need To Know

Being a fiduciary comes with many responsibilities. Here’s some FAQ’s about ERISA fidelity bonds w/ info that every plan sponsor should know.

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401(k) Fees Are A Thing Of The Past

If you’ve shopped around for 401(k) providers, then you have probably been comparing plans and evaluating fees. The harsh truth is that many 401(k) providers are either charging for fees that they shouldn’t, or they are simply overcharging.

401k fees 401k plan fees 401k plans administrative fee fund fee management fee per employee fee recordkeeping fee set up fee

Nondiscriminatory Testing of 401(k) Plans

Nondiscriminatory testing is often performed on behalf of plan sponsors by the record-keeper or a third-party administrator (TPA). However, it is vital that plan sponsors understand the basics of the testing. For example, what types of contributions are tested, how the test is conducted and what happens when a plan fails.

compliance ERISA NDT nondiscriminatory testing