In this issue:

• Introduction
• A Brief History
• Overview of EPCRS
• General Principles
• Types of Failures
• Self Correction Program
• Voluntary Correction Program
• Sample Corrections for Common Failures
•    Exclusion of Eligible Employee from making 401(k) Contributions
•    Failure to Timely Update Plan Document for Law Changes
• Conclusion

In this issue:

• Introduction
• Background
• Affiliated Service Group
  • Example #1
  • Example #2
• Controlled Group
  • Parent/Subsidiary Controlled Group
  • Brother/Sister Controlled Group
• Attribution of Ownership
  • Attribution from Company to Individual
  • Attribution Among Family Members
• Putting it Together
  • Case Study #1
  • Case Study #2
• Making Sense of it All
• Conclusion

In this issue of Benefit Insights®:

• Introduction and Background
• The Big Decision
• Practical Impact on Plan Operations
•    Highly Compensated and Key Employees
•    Beneficiary Designations and Spousal Consent
•    Qualified Domestic Relations Orders (QDRO)
• A Different Type of Discrimination
• Conclusion
• IRS and Social Security Annual Limits

• Introduction
• Background
• Going to the Dark Side
  • Default
  • Cure Period
  • Deemed Distribution
  • Offset
• Examples of Good Loans Gone Bad
  • Loans Not Permitted
  • Refinancing Not Permitted
  • Loan Term Too Long
  • Payments Never Started
  • Payments Voluntarily Suspended or Discontinued
• Coming Back to the Light
• Conclusion

In this issue:

• Introduction
• Forcing Distribution of Small Balances
• What if the Participant’s Account Balance includes Rollovers?
• Check the Plan Document
• What about Large Balances?
• What if the Plan is Terminated?
• What about Residual Balances?
• What Happens when a Participant Does Not Cash a Distribution Check?
• What Happens when the Distribution Fee Exceeds the Account Balance?
• Summary

In this issue:

• Introduction
• Failure to timely adopt amendments required by tax law changes
• Failure to follow the plan’s definition of compensation when determining benefits
• Failure to include eligible employees or exclude ineligible employees
• Failure to follow the rules related to participant loans
• Failure to follow rules related to in-service withdrawals
• Failure to satisfy the rules related to required minimum distributions (RMDs)
• Failure to satisfy the rules related to eligibility to sponsor a certain type of plan
• Failure to pass the ADP and/or ACP test
• Failure to provide top-heavy minimum benefits to non-key employees
• Failure to cap benefits at the annual additions limit
• IRS and Social Security Annual Limits

In this issue:

• Introduction
• What Are They Looking for, Anyway?
  • Department of Labor
  • Internal Revenue Service
• Why Me?
• What Should You Do When You Receive an Audit Notice?
• What Should You Do on the Big Day?
  • Be Organized
  • Be Helpful
  • Be Judicious
  • Be Confident…but Respectful
  • Be Willing to Ask for Help
• What Can You Do before You Get an Audit Notice?
• Conclusion

In this issue:

• Introduction
• What is a Top Heavy Plan?
• How is Top Heavy Calculated?
• Consequences of Being Top Heavy
• Impact on 401(k) Plans
• How to Avoid Top Heavy Contributions in a 401(k) Plan
• The Safe Harbor Alternative
  • SIMPLE 401(k) Plan
  • Safe Harbor 401(k) Plan
  • Qualified Automatic Contribution Arrangements (QACA)
• Conclusion

In this issue:

• Introduction
• Fidelity Bond
• Qualified Default Investment Alternatives (QDIAs)
• Co-Fiduciaries
• Participant Investment Direction and 404(c) Compliance
• Service Providers
• Fees
• Summary

In this issue:

• Introduction
• Methods of Counting Service
  • Elapsed Time Method
  • Actual Hours Method
  • Equivalency Method
• Reasons for Counting Service
  • Initial Plan Eligibility
  • Vesting
  • Other Reasons to Count Service
• Conclusion