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Rather than seek out retirement plan consulting, many employers offer a take-it-or-leave-it retirement plan design from their payroll or other provider. They assume that all 401(k) plans are the same, not paying attention to the details. After all, don't we just have to say we have a plan?

Almost every organization that sponsors employee benefit plans must file IRS Form 5500. Of course, there are different rules and requirements for 5500s based on the type of plan being reported. In today’s post, we’re going to look at a few of the common questions that we receive about 5500s.

The IRS has now released all of the 2024 benefit limits. These include both the cafeteria and health plan limits as well as all of the qualified retirement plan limits.

Earlier this year, they also released the High Deductible Health Plan (HDHP) and Health Savings Account (HSA) limits.

401(k)’s and other retirement plans are extremely technical, But by working with a highly skilled Third Party Administrator (TPA), employers can be supported in these tasks, assured their plan is running smoothly, and in compliance with ERISA and IRS regulations.

The Coronavirus Aid, Relief, and Economic Security Act (CARES) was signed into law on March 27, 2020. It's a mammoth bill of over 880 pages, and contains many employee benefit-related items. This post, the second in the CARES Act series deals with the qualified retirement plan provisions in the Act.

Much later than usual, the IRS released the 2020 retirement plan contribution limits. Earlier this year, they also released the High Deductible Health Plan (HDHP) and Health Savings Account (HSA) limits. We now also have the cafeteria plan, adoption credit, and transit benefit limits as well.

The US Department of Labor has suddenly realized that employers and their employees use a newfangled means of communicating in the real world: e-mail and the internet. In a bold move proposing their latest regulations he DOL has proposed new rules.

The IRS has announced the limits for employee benefit plans for 2019.

It’s always a good idea to keep your retirement plan as clean as possible by maintaining good employee records. In the event you do lose track of a plan participant, below are some suggested ways to locate former employees.