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