Does your Code section 401(k) plan keep failing the nondiscrimination tests? Or are your highly compensated employees (HCEs) unable to defer as much as they would like because of the low level of deferrals by the nonhighly compensated employees ...
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Resources
SIMPLE 401(k) Versus A Safe Harbor 401(k): The Pros And Cons For Your Small Business
A small employer may find that converting its 401(k) plan into a "SIMPLE" 401(k) plan is preferable to adopting a traditional safe harbor 401(k) plan. What is a SIMPLE 401(k) plan? It is a 401(k) plan under which the employer makes either ...
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Succession Planning And The ESOP
Evaluating whether an ESOP is appropriate when it’s time to sell the business…
In ESOPs: The Three Types, we explain the three basic ways an Employee Stock Ownership Plan (ESOP) can be used to effectively motivate employees to increase ...
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Affordable Care Act Compliance: The DOL Is Auditing
The Department of Labor (DOL) appears to be focusing its scrutiny on welfare benefit plans in response to the Patient Protection and Affordable Care Act of 2010 (PPACA). Now that Obamacare implementation is well underway, practitioners have ...
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Understanding ESOPs: How They Benefit Sellers, The Company, And Employees
Understanding ESOPs can be daunting at first glance. This article looks at how ESOPs can be a cash-flow-efficient and tax-advantaged option that merits careful consideration when compared to selling the company or merging with a third party.
At ...
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ERISA-Covered Plan Investment And Fee Disclosures To Participants: The What, Who, And How
What: In 2012, Department of Labor (DOL) rules went into effect requiring plan administrators of ERISA-covered plans with participant-directed investments to make specified disclosures of plan fee and investment information to:
Active ...
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