Leverage service providers to help your 401(k) plan run more smoothly.

As a retirement plan sponsor, you are a valuable member of a team that includes your recordkeeper, third party administrator (TPA), financial wellness provider and retirement plan advisor. Each member must uphold their roles...

Learn what to expect when changing recordkeepers to avoid unpleasant surprises. 

Change can be exciting but is sometimes stressful. However, transitioning to a new 401(k) recordkeeper shouldn’t be a taxing experience. In this article, we’re going to talk step-by-step through the events that may...

 

A financial wellness program can be an extremely valuable benefit, learn how it can help employees reduce stress while improving workplace productivity 


Financial wellness programs are becoming an important benefit for companies of all sizes. In 2021, almost half (46%) of all employers...

Innovative and creative approaches to help your company stand out while improving workers’ financial well-being

How can your company stand out from the competition so you can recruit and retain quality talent? At the same time, how do you encourage your workforce to continue saving for retirement...

Key strategies to help employers maximize savings and minimize taxes. As a business owner, you have the ability to pull certain levers to increase retirement savings while controlling tax consequences. By understanding how different qualified plans can deploy savings and tax strategies, you can optimize cash flow for your retirement future.
The most comprehensive pension reform in 20 years, the SECURE Act, is a step forward to allow people greater access to retirement plans. The act hopes to expand retirement savings while alleviating administrative headaches. As such, the SECURE Act includes...

Total rewards programs are a vital part of workplace culture, employee performance and securing top talent. Learn how program enhancements can help meet the demands of a changing workplace and workforce.

Plan sponsors are often faced with a balancing act of what benefits to offer versus what...

Increasing prices may put pressure on employers and delay workers from retiring 

Inflation is the increase in the general price of goods and services, which can decrease the purchasing power of American workers. So how does this recent upward trend affect your workplace benefits, employees and...

How to Prepare for a 401(k) Audit

by Bill Franca on

If the term ”audit” makes you uncomfortable, anxious or even scared, you are not alone. Last year, the Department of Labor (DOL) closed 1,122 civil investigations with 754 (67%), resulting in fees, repayments or corrective actions.  The agency collected over $3.12 billion in direct payments to plans...