Our Blog - Surety Matters

It’s hard to believe but January 2021 is right around the corner! For plan sponsors, that means now is the time to make way for part-time employees to participate in 401(k) plans. Comply With the…
Read Moreabout Part-Time Employees Can Now Contribute to Pension Plans

If you are a plan fiduciary, you must be fluent in ERISA compliance. If you are not, this is the perfect time to understand what ERISA is and how you can become compliant! What exactly is…
Read Moreabout Does ERISA Apply to Me?

Retirement plan sponsors are beginning to see more claims involving the alleged wrongful use of personal information belonging to retirement plan participants claimed to be “plan assets”. The specifics of these allegations is that employers…
Read Moreabout Is Personal Information of Plan Participants An ERISA Plan Asset?

It’s not easy for employees to manage, track, and consolidate retirement accounts as they bounce from job to job. Due to short employment periods, workers could leave behind retirement accounts with small balances, which drop…
Read Moreabout New Bill Creates Lost and Found Participant Database

Per the 2020 Universe Benchmarks report, the 2010s was deemed a decade of the defined contribution investor. Attributable to employers embracing automatic features, more employees participating in employee benefit plans, the average savings rate soared,…
Read Moreabout Automatic Features Push Plan Participation and Contribution Rates Soar

The Internal Revenue Service has offered brief administrative relief to assist specific retirement beneficiaries or plan participants eager to make participant elections by permitting flexibility for remote signatures. Published on June 3, Notice 2020-42 gives…
Read Moreabout IRS Signs Off on Temporary Remote Signature Relief

When it comes to managing an employee benefit plan, even if a plan sponsor commits a very small plan violation, such an incident can result in hefty ERISA penalties. Even failing to file Form 5500…
Read Moreabout Detrimental Assumptions Plan Sponsors Make

As numerous Americans continue to work remotely during the start of the summer, the Labor Department has introduced a brand new safe harbor for electronic disclosures. The final rule initiated is congruent to the rule…
Read Moreabout Department of Labor Unveils Novel Safe Harbor for E-Delivery

As the dynamic ripples of the COVID-19 pandemic continue to sculpt the current marketplace, it is vital for plan sponsors to augment their establishment’s retirement plans for what may lie ahead. Warranting the efficiency of…
Read Moreabout 4 Plan Sponsor Action Plans During COVID-19