As someone on the front lines of human resources, we’d bet you’re pretty savvy about the challenges facing your workforce. Often, those problems are poor employee retention and slow employee recruitment. A painful combination if there ever was one. So what can be done? Offer a 401(k) with a match.

When it comes to 401(k) compliance, you probably already know that there’s a lot you need to stay on top of. You probably also don’t have time to spend hours researching online or digging through ERISA codes to figure out what you have to do and when

Yes, there’s: “Good news, everyone!” (Or, almost everyone). The Treasury Department has raised 401(k) annual contribution limits for 2020. That means lots of people now have the opportunity to save even more for their retirement - something we love. Here are the highlights from the Treasury Department announcement:

I think you’ll agree with me when I say: 401(k) administration is a real headache. It’s tedious. It’s complex. And it’s easy to mess up. And every time you make a mistake, even if it’s just a tiny one, it can add a lot

When it comes to 401(k)s, transparency is crucial - especially when it comes to fees. After all, over 35 years, even an innocent-sounding 2% fee can consume up to half of the returns from the retirement savings you worked so hard for. That's why the government requires plan

401(k) administrators play many roles — including, often somewhat reluctantly, banker. In addition to all other duties, plan administrators are responsible for the administration of 401(k) retirement plan loans. This includes… Making sure that loans taken from the plan comply with the plan documents & IRS rules Setting up

401(k) administrators, we salute you. Because if you’re responsible for 401(k) administration, you’ve seriously got your work cut out for you. From tracking eligibility to managing loans to dealing with distributions, there are a lot of tasks and processes you’ve got to be an expert

Ahh, 401(k) eligibility. We won’t go as far as saying this is the biggest pain in the posterior when it comes to 401(k) administration. But it is a pain. Our job today is to give you the information you need to make it a little less of

Like all the best forms we get from the government, Form 5330's instructions are literally more than double the length of the document itself. A surefire recipe for fun. Okay, we can’t promise fun. But what we can provide all the essential details for tackling From 5330, so you

401(k) deposits are an essential function of any 401(k) plan, and there are complicated (and sometimes frustrating) rules that govern deposit processes. Of course, you probably knew that. Otherwise, you wouldn’t be here. You’re likely reading this for one of the following reasons: You’re new

If you’re responsible for your company’s 401(k) administration, you probably know that the annual 401(k) audit is not a fun process. In fact, we’d go as far as to say that it sucks (trust us, we’re involved in a lot of these). We don’

If you’re searching for Form 5500 instructions, you’re probably newly responsible for your company’s 401(k) administration. Or you’re just looking for a quick refresher to help you properly file your form so you can get back to more important things. Either way, you’re in

Are you thinking about offering retirement benefits for your employees? Maybe you want to help your employees build their retirement nest eggs. Or you’re ready to start saving for retirement yourself. But you’ve heard that 401(k)s are expensive and a chore to run. That’s true

Is your third-party provider pestering you for your plan’s census? The census is a 401(k) administration document chock full of detailed employee information. Your provider uses the information for annual non-discrimination testing. These tests measure how broadly your 401(k)’s benefits are spread among company employees. The

If you are a new member of the human resources department – or if you are the HR department – you have a lot on your plate. Between payroll, medical benefits, recruiting, reviewing employee performance, evaluating office policies, or building employee handbooks, you’re probably swamped. If your company offers a 401(

Are you the new CFO of a small or mid-sized business? If so, you are probably knee deep in learning the company’s financial condition while developing strategies for growth and efficient use of capital. But in addition to being in charge of complex financial models, are you also a

It’s no secret that small businesses are less likely to offer a retirement plan than larger companies. According to a survey by Pew Charitable Trusts, just 53% of businesses with 5 to 250 employees provided a retirement plan of any kind. And older companies, as well as those with

Increasing employee deferral rates is an excellent way to get more benefit from your company’s 401(k). Not only do higher saving rates help your employees build their retirement nest egg, but they also make it much easier for your plan to pass non-discrimination testing.   The problem? Getting employees

Say you’ve had the company 401(k) up and running for some time now. So you know there are lot of moving parts, and a lot of moving regulations governing those moving parts. That’s a lot of movement. To keep things running smoothly, let’s say you and

There’s a lot of talk about managed accounts these days. But what exactly is a managed account? A managed account is a 401(k) option whereby a professional manager sets the asset allocation for the participant, and then builds a portfolio from the funds in the lineup. The managed

If you’ve ever wondered about the 401(k) risk for your plan, then you are familiar with the notorious Form 5500. That’s the document designed to paint a financial and compliance portrait of your company’s retirement plan. The form shows how your plan is funded, what employer