Search Results

We have found 52 results matching your search query.

Plan Sponsors’ Five Deadly Sins

…need to help deliver and monitor the best retirement plan for each client. You can offer tremendous value to your 401(k) clients by using your expertise to help identify, fix and avoid the most common plan mistakes, before they become big problems. This will help…

Avoid Plan Pitfalls During Testing Season

…a successful business. How hard can it be to add a retirement plan to the mix?” Unfortunately, we have witnessed too many talented business owners underestimate the effort and expertise that is needed to run a compliant retirement plan. Often, employers hire experts to help…

PEPs Present Opportunities—For Employers and Advisors

…for over 80 years, bring expertise and efficiency that many employers would struggle to arrange themselves. According to a recent survey1, 80 percent of defined contribution consulting firms neither serve as PPPs nor plan to serve as a PPP anytime soon. Pentegra’s expertise with multiple…

The Educated 3(16) Fiduciary

Many financial organizations tout the benefits of their ERISA 3(16) fiduciary services and, frankly, many of these messages can sound irresistibly compelling. But buyer beware; not all 3(16) fiduciary services are created equal. In today’s increasingly litigious environment, it is imperative for plan sponsors to…

Plan Penalties, Costs and 3(16)

The Department of Labor (DOL), Internal Revenue Service (IRS) and Pension Benefit Guaranty Corporation (PBGC) have extensive reporting and disclosure requirements for qualified retirement plan officials. These reporting and disclosure requirements serve the important function of educating and supporting participants in their retirement planning journey,…

When Does a 401(k) Deferral Become a Catch-Up Contribution?

A recent call with an advisor involved a question on 401(k) catch-up contributions. The advisor asked: “When does a 401(k) deferral become a catch-up contribution?” An employee salary deferral becomes a catch-up contribution when it exceeds the lowest of the following three limits (See Treasury…

Who’s the Plan Administrator?

In a merger and acquisition (M&A) situation, where the acquiring organization does not assume the seller’s retirement plan, what is something that the selling company often overlooks with respect to its retirement plan? M&A scenarios are notorious for treating retirement plans as an after-thought. Because…