For ESOP suitability purposes, we look at three measures of revenue:
EBITDA
EBITDA is usually the most significant measure appraisers use to determine the value of the company. The higher the EBITDA, the higher the value of the ...
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ERISA Reporting And Disclosure Requirements: Eight Common Mistakes To Avoid
One: Failure to file notice of a blackout period.
ERISA reporting and disclosure requirements can be daunting. Retirement plans must provide a notice to plan participants if the participants' ability to direct their investments in the will be ...
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It’s Alive – Posthumous QDROs
A small item in the Pension Protection Act of 2006 (PPA) revived the viability of qualified domestic relations orders (QDROs) entered after the death of a participant. This should concern family law attorneys, employers, plan administrators and ...
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Automatic Enrollment – Time To Plan & Act
Saving for retirement is an important issue facing employers and employees alike. With Social Security's long-term viability in question, employees must be actively involved in creating their own retirement nest egg. One of the best ways an employee ...
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Third Party Administrator Agreements: What To Include
Once you've gone through all the trouble and expense of figuring out what types of retirement plan administration services you require and the specific type of TPA that will best meet those needs, you need to have a clear and comprehensive written ...
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Mishandling And Backdating ERISA Benefit Plans: Crime And Punishment
Most of our readers know that various penalties may be imposed for failure to file returns or information statements on a timely basis with either the IRS or the Department of Labor (DOL), the principal regulators of retirement and welfare benefit ...
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