What’s the Difference between a 401(k) Plan Sponsor and a Plan Administrator?
A 401(k) plan sponsor and plan administrator are two important roles within a 401(k) plan that hold fiduciary…
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Updated Contribution Limits for 401(k) Plans for 2024
Each fall, the Internal Revenue Service (IRS) reviews the contribution limitations for benefit plan contributions and other supporting…
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401(K) Audit CPA Success Show: Keeping up with 401(k) Compliance Requirements
As year-end and final deadlines approach, 401(k) plan sponsors and administrators should remember to double-check the fine details…
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What Are My Responsibilities as a 401(k) Plan Sponsor if We Outsource to a Third-Party Administrator?
As a plan sponsor, even if you outsource the administration of your organization’s 401(k) plan to a third-party…
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401(k) Request for Proposal Process
One of the very first steps you need when hiring of a qualified benefit plan auditor is to…
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401(k) Plan Asset Report and Reconciliation
Your 401(k) plan management team, including the plan administrator and trustee, are in charge of the establishment and…
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Fiduciary Responsibilities of a 401(k) Plan Administrator
As a 401(k) plan administrator, your responsibilities include specific fiduciary administrative duties you must adhere to stay in…
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Why Establish a 401(k) Committee Charter?
Forming a retirement plan committee, even if all the right representatives are selected, is only the first step.…
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401(K) Audit CPA Success Show: Is Your 401(k) Plan Protected from Cyber Threats?
It is the fiduciary duty of the plan sponsor to ensure the safety of participants’ funds, which includes…
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How 401(k) Plan Sponsors Should Prepare for SECURE Act 2.0 Catch-Up Contribution Changes
Congress passed new legislation at the end of 2022 called the SECURE Act 2.0. For more information about…
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