401(k) Nondiscrimination Testing
Annual nondiscrimination tests ensure that retirement plans benefit all employees. Failing IRS standards can lead to fines, penalties, and administrative headaches.
Everyone
Employers & Business Owners
Who Is Exempt From Filing Form 5500?
Form 5500 is a type of return that's mandatory for practically all plans, just without tax payments! Learn more about it and who is exempt.
Everyone
Employers & Business Owners
401(k) Profit-Sharing Plan
Profit-sharing is a feature that can be added to a normal 401(k) plan to help your employees save for retirement.
Everyone
Employers & Business Owners
What Percent Should Small Business Match on 401(k)?
Small businesses match between 3-6% typically, but you can sponsor a 401(k) plan with no match at all.
Everyone
Employers & Business Owners
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?
In 2023, 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.
Everyone
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.
Everyone
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.
Everyone
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.
Everyone
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.
Everyone
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.
Everyone
Employers & Business Owners
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