Improving on the participant-directed 401(k) investment model...
Introduction
Much of the retirement plan community has been focused for over a decade on participant-directed 401(k) plans. As competition for 401(k) plan business has intensified ...
[Read more] about A Step Beyond ERISA SECTION 404 (C): Improving On The Participant Directed 401(K) Investment Model
Resources
EPCRS: The IRS’s Employee Plans Compliance Resolution System
Five Questions, Four Categories Of Failure, Three Paths To Forgiveness
In a perfect world, all retirement plans would be amended on time and operated properly according to the plan terms and the law. However, we don't live in a perfect world and ...
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Public Agency Employee Benefits Plans: Six Instances Where You May Be Missing The Mark
Because a significant part of our practice involves the representation of cities, counties, districts, commissions, school districts, and joint powers authorities throughout California, we've been able to identify some common practices that – though ...
[Read more] about Public Agency Employee Benefits Plans: Six Instances Where You May Be Missing The Mark
ESOP Questions Answered: The FAQs
Every business is unique, but most business owners have the same goal – to fully realize the promise of their most valuable asset, the business they put so much time and sweat equity into building. Because most non-publicly traded corporations ...
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Indemnifying ESOP Fiduciaries: Harris v. GreatBanc Trust Company
When the Ninth Circuit Court of Appeals blocked an ESOP-owned company from advancing attorneys' fees to plan fiduciary defendants out of corporate assets in the 2009 decision in Johnson v. Couturier, the surprise and apprehension in the ESOP ...
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ESOP Reshuffling – Good For Everyone On Deck … And Off
There are a variety of options for ESOP companies looking to maximize stock allocations to active participants, minimize stock allocations to terminated participants, and efficiently use the cash within the trust to accomplish these ...
[Read more] about ESOP Reshuffling – Good For Everyone On Deck … And Off