August 9, 2018

  • Employee Benefit Plan Audits: What Are Management's Responsibilities? | Page 1
    Our Page 1 article on Employee Benefit Plan Audits discusses the specific responsibilities of management when plan audits are conducted. The final responsibility for accurate and timely financial reporting lies with plan management, which makes it critical that management be actively involved in the financial reporting and auditing processes.
  • Small Plan Compliance: The Importance of Conducting an Annual Review | Page 2
  • On Page 2, The Importance of Conducting an Annual Review looks at the problems that can arise when small employee benefit plans aren’t carefully monitored for compliance with ERISA rules. An annual plan review will examine plan documents and participant data to determine whether or not your plan is operating properly.
  • Sponsors Increasingly Worried About Plan Litigation | Page 4
    Sponsors Increasingly Worried About Plan Litigation on Page 4 looks at the growing concerns among plan sponsors about lawsuits filed by participants against plans. In a recent survey, more than half of the 401(k) plan sponsors who responded said they are worried about the potential for this kind of litigation.

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