PENTalk™ – Deciphering & Applying the Most Critical Terms of Your 401(k) Plan Document
By Tom Leder
“Abiding by the written terms of your 401(k) document is an essential first step to maintaining the Plan in good working order. While all the provisions throughout the entire length of the document are important, there are a collection that apply more frequently than others on a day-to-day, month-to month and year-to-year basis.
For this reason, it is particularly important to ensure these provisions are thoroughly understood to avoid the most common mistakes that frequently turn up with plan administration.
We’ll review this collection of provisions that should warrant the most attention from any staff members who manage the plan in order to avoid the most common pitfalls.”
Tom works with clients to develop effective plan design and benefit compensation strategies, manage plan level modifications and build employee awareness and appreciation for retirement programs.