• Contribute additional amounts to non-HCE 401k’s to make up the difference and get the ratio of HCE:non-HCE compliant No matter what you do you’re going to piss someone off. The first 2 piss off the HCE’s and the third pisses off the CFO. Guess which one my company chose?
with regulatory requirements that carry significant weight for both organizations and their employees’ financial futures. When the Department of Labor introduced changes recently, it transformed how we approach retirement plan management. These changes have increased scrutiny of retirement plans, meaning tha...
ByFred Barstein/401k News,Adaptability,Authenticity,benefits committee,Communication,DC plans,DEI,diversity,Fiduciary,Fiduciary,Financial Wellness,Financial Wellness,Inclusion,nondiscrimination testing,office environment,Regs and Regulators Employers say the biggest challenges they face in 2024 are financial wellnes...
If your company sponsors an ESOP and a 401(k) plan, you know the frustration of having to deal with three sets of testing and compliance: one for your ESOP, one for your 401(k), and one to see how the two plans work together. ...
Lead periodic reporting to executive leadership on testing and monitoring results Provide guidance on issue remediation plans What we're looking for 8+ years of relevant work experience in compliance and/ or auditing, preferably in a similar industry Experience partnering with stakeholders across legal,...
financial stress management,financial uncertainty,Financial Wellness,Health & Wellness,Health Savings Account,healthcare,Healthcare & other benefits,hiring,inflation concerns,inflation stress,personal financial advice,Recession,Retirement Happiness,Retirement Plan Testing,Retirement Readiness,Retirement Savings Concern...
Document and confirm testing results with key stakeholders Lead periodic reporting to executive leadership on testing and monitoring results Provide guidance on issue remediation plans What we're looking for 8+ years of relevant work experience in compliance and/ or auditing, preferably in a similar ...
ByFred Barstein/401k News,Adaptability,Authenticity,benefits committee,Communication,DC plans,DEI,diversity,Fiduciary,Fiduciary,Financial Wellness,Financial Wellness,Inclusion,nondiscrimination testing,office environment,Regs and Regulators Employers say the biggest challenges they face in 2024 are financial wellnes...
Lead periodic reporting to executive leadership on testing and monitoring results Provide guidance on issue remediation plans What we're looking for 8+ years of relevant work experience in compliance and/ or auditing, preferably in a similar industry ...