Educational Policy Statement: Required?
It’s certainly an understatement to say that attending to the high standards of ERISA results in plenty for retirement plan sponsors to take responsibility for. Fortunately, an Educational Policy Statement (EPS) is not a…
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Retirement Funds: Performance vs ESG
As protocols for environmental, social and governance (ESG) investment options continue to be murky, a new class action complaint puts the spotlight on the fiduciary duty of prudence. Essentially, this latest class action lawsuit…
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ERISA 3(16) Fiduciary Explained
ERISA, the Employment Retirement Security Act of 1974, established the standards governing employer sponsored retirement and health plans. For the protection of participants, ERISA considers sponsors fiduciaries and holds them to exceptionally high standards….
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Catch-up Contributions?
Retirement plan participants are allowed to make catch-up contributions, but a question that arises in plan administration is: When does an employee salary deferral …
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Estate Administration?
When a loved one dies, their affairs need to be brought to closure, and the process of doing so is often referred to as estate administration. Read on for an overview of what to…
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Dog, Cat, Parrot, Turtle…
Pets can have very long lives. Macaw parrots for example, live for about 50 years–but can reach 100. Turtles too require decades of attention. With advancements in veterinary science, even “regular” pets, like cats…
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Slow Down: Takeoff
Though it’s tempting to rush right through takeoff and onto estimation, it’s best to exert extra care at takeoff. Without a strong foundation, projects can go awry fast, impacting the bottom line and even…
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Bidding To Win
Estimation errors, failure to understand the plans or address aspects of the application and mistakes related to the bond requirement can all lead to rejection. You could even end up regretting a win, if…
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Strategic Action: Next Gen Workers
With the population as a whole aging, the construction industry is ever more compelled to welcome in the workforce of the future. Already, some contractors report turning down work due to an absence of…
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