A New Age for PEPs
Pooled employer plans have grown significantly over the last four years, as larger employers are increasingly drawn to the plans’...
Tag: retirement plan audits
Human Interest Offers Automated 401(k) Plan Audits
According to the 401(k) provider, its Audit Relief program, available for midsize businesses, can greatly reduce a plan audit’s duration...
GOP House Bills Target DOL Audit Process
The legislation would require the Department of Labor to submit annual reports on the status of its investigations, including those...
Compliance News
Legislative and Judicial Actions
The DOL updates auditor independence rules; the IRS extends plans’ amendment deadlines for certain CARES Act and Tax Relief Act...
DOL Updates Guidance on Audit Independence Rules
Labor Department leadership says the update is designed to expand retirement plans’ access to highly qualified auditors and audit firms.
Fiduciary Fitness
The Extent of Obligation
New committee members need not look for breaches to repair.
Helping Plan Sponsors Establish Internal Controls
A plan auditor speaking at the Plan Sponsor Council of America (PSCA) 71st Annual National Conference suggested internal controls plan sponsors should have in place for eligibility, compensation,...