How Do I Find My 401(k) Plan Administrator
401(k) plan administrators are typically outsourced third-parties managing daily tasks for your retirement plan. Unsure who it is? Check your plan’s Form 5500.
Everyone
Employers & Business Owners
How Much Can You Invest in 401(k) As a Small Business Owner?
Small business owners are able to maximize and save more for retirement with a 401(k) plan, which will improve their financial well-being and boost tax deductions.
Everyone
Employers & Business Owners
When You Switch 401(k) Providers, How Long Do You Keep the Documentation of the Previous Provider?
When you switch 401(k) providers, how long do you keep the documentation of the previous provider? Learn why we recommend keeping your old retirement plan documents for at least 6 years—or even indefinitely.
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Employers & Business Owners
What Is the Difference Between a 401(k) Plan Sponsor and a Plan Administrator?
Knowing the different responsibilities between a 401(k) plan sponsor and a third-party plan administrator is essential to maintaining compliance. Learn more here.
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Employers & Business Owners
What Is an Authorized Plan Administrator?
A plan administrator can be a fiduciary, a financial broker, the employer, a third-party administrator, a committee, or a group of trustees working for the company put in charge of decision-making.
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Employers & Business Owners
What Is 415 Safe Harbor Compensation?
For most people, the word just means the money they receive in their paycheck. If you’re a retirement plan sponsor, there are three primary ways of defining the word ‘compensation’ when it comes to plan administration.
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Employers & Business Owners
What Is an ERISA Bond?
Fidelity bonds are mandated by ERISA to protect retirement, pension, and other employee benefit plans from fraud, mismanagement, and abuse.
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Employees
What Is a 401(k) Plan Administrator?
One of the first steps in sponsoring a 401(k) plan is to partner with a 401(k) plan administrator who is legally responsible for setting up and maintaining your employee retirement benefits program.
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Employers & Business Owners
Introducing: Simply Retirement by Principal®
Simply Retirement by Principal® with plan services by Ubiquity is here! This is a 100% digital solution for financial advisors and their clients looking to start retirement plans.
Everyone
Employers & Business Owners
Can I Take All of My Money out of My 401(k) When I Retire?
It's important to consider all options before raiding your 401(k) savings. Consider all options before doing so.
Everyone
Employees
Pros and Cons of a Safe Harbor Plan
Many small business owners find that the good outweighs the bad with a Safe Harbor 401(k) plan, which gives them a free pass on annual IRS testing.
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Employers & Business Owners
How to rollover your 401(k) once an employer changes retirement providers
Employees generally do not need to “roll over” their 401(k)s if the employer changes retirement providers, since the new provider assumes administrative duties and undertakes a “plan conversion.”
Everyone
Employers & Business Owners
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