401(k) Plan Documents - ForUsAll 401k Blog

ERISA Record Retention Requirements In Plain English

ERISA record retention requirements. Say that five times fast. All joking aside, this is actually pretty serious business. The Employee Retirement Income Security Act of 1974 requires that you retain important plan documentation. Failing to do so can get you into really hot water in the event of an audit.

401(k) Plan Documents

The 401(k) Adoption Agreement Explained

What’s got you searching for a 401(k) adoption agreement? Maybe you’re looking into establishing a 401(k) for your company. Or perhaps you’ve realized it’s time to make a change to how your plan is run? Both are often excellent, if tough, decisions. So, we’

401(k) Plan Documents

401k Summary Annual Report: Explanations, Requirements & Example

You’ve got questions about the 401k Summary Annual Report (SAR). We’ve got answers. Better yet, we know how annoying it is to skip from article to article trying to find what you need - so we put it all here. In this short article, you’ve got everything

401(k) Plan Documents

401(k) Summary Plan Description: Basics, Requirements, and Compliance

What is the 401(k) Summary Plan Description (SPD)? The Summary Plan Description (SPD) is one of the important 401(k) plan documents that provides plan participants (and their beneficiaries) with the most important details of their benefit plan, like eligibility requirements or participation dates, benefit calculations, plan management instructions,

401(k) Plan Documents

What Is An IRS Determination Letter?

If you have a customized 401(k) plan, you may have been a regular pen pal with the IRS. The documents of a qualified retirement plan, like a 401(k), must comply with the Internal Revenue Code. That means a plan must not only operate according to IRS rules, but

401(k) Plan Documents

The Quick-Start Guide to 401k Plan Documents and Records

Whether you’re staring down the barrel of a 401(k) audit or just being proactive, knowing the details on your 401(k) plan documents (and keeping them organized) can save you a lot of pain. We’re here to help with that. Here’s a breakdown of your key

401(k) Plan Documents

401(k) Investment Policy Statements

Does your 401(k) plan have an investment policy statement (“IPS”)? According to Callan consultants, some 90% of defined contribution plans maintain an IPS. Historically, however, larger plans are more are far more likely to develop the document than smaller retirement plans. But not every plan that has an IPS