Tag: Plan Documents

The information includes worksheets and explanations for the second Cycle E plan language, and explanations of the determination letter review process.

In the second half of a conversation with PLANADVISER, U.C. Berkeley Economics Department Chair Shachar Kariv discusses the importance of defining and driving “financial rationality” among workplace savers.

The U.S. Supreme Court has been asked to weigh in on whether a retirement plan may dictate the venue in which participant lawsuits are filed.

Overly restrictive rules make it difficult for plan sponsors and service providers to distribute plan information electronically, a paper says.

A group of Republican and Democratic members of the U.S. House introduced the Receiving Electronic Statements to Improve Retiree Earnings (RETIRE) Act.

The IRS encourages plan sponsors to include completed reference lists with determination letter applications.

New safe harbor correction methods related to automatic enrollment features in defined contribution plans are being implemented by the Internal Revenue Service.

A federal appellate court found a plan administrator cannot change the calculation of early retirement benefits for participants who terminated under an old version of the plan document.

Automatic enrollment is touted as a must-use feature for defined contribution retirement plan sponsors to increase plan participation, but many plan sponsors cannot use this feature.

Sibson Consulting has created a DC Plan Scorecard that provides a framework for reviewing all aspects of defined contribution (DC) plans.

Retirement plan sponsors wanting to step up participant communications should make sure their providers are in tune with the latest trends.

An employer’s retirement plan documents did not incorporate beneficiary designation forms in its language or appendices,...

For plan sponsors with more than 100 participants, one the most important fiduciary duties is to ensure the plan receives a quality and independent annual financial review.

An updated page on the IRS website shares what records retirement plan sponsors should keep and for how long.

As employers enter the last two years of the preapproved retirement plan restatement cycle, ERISA consultants say restatements are a critical opportunity to realign plan documents and operations.