Tag Archives: 401(k) plan

SAY YES TO GOING GREEN

As environmental consciousness continues to grow, our consciousness as a firm grows. We began embarking on a paperless initiative early last year and continue to do so. To date, we have 358 clients with their trust information online and we … Continue reading

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The Safe Harbor Option – A Useful Design Strategy

As we approach the beginning of a new plan year for most of our 401(k) plan clients, we review their plans to determine a 401(k) safe harbor strategy for 2015. If an employer wants to implement a 401(k) safe harbor … Continue reading

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COMPENSATION ISSUES FOR PLANS – W-2 vs. S INCOME

As discussed in our prior blog, CORPORATE TAX RETURN FOR CALENDAR YEAR PLAN SPONSORS IS DUE MARCH 17, we have spent the last few weeks calculating corporate contributions to retirement plans for 2013.  One of the issues that we come across from time to … Continue reading

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Payment of Excise Taxes – Form 5330

As Third Party Administrators (TPAs), we encounter a myriad of reasons which result in the plan sponsor’s payment of certain excise taxes, thereby requiring the filing of Form 5330. The following discussion covers the two most common reasons for having … Continue reading

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It’s Time to Take Required Minimum Distributions

As the year end approaches, third party administrators turn our attention to the payment of Required Minimum Distributions (RMDs) to plan participants, as these generally must be completed by December 31. What are Required Minimum Distributions and who must receive … Continue reading

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WHAT ARE THE 2013 PLAN LIMITS?

Contribution amounts that can be made to qualified retirement plans are governed by certain limitations. These limits, determined by the IRS and influenced by cost of living measures, can change every year. There are changes that apply to 2013, although … Continue reading

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Summary Annual Report (SAR)

The Summary Annual Report, more commonly referred to as the SAR, is an annual report summarizing the retirement plan’s financial activities as reported on the Form 5500 filed with the Internal Revenue Service (IRS).  The Department of Labor (DOL) requires … Continue reading

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