Plan Administrator Take News Today

In last month's 401(k) Compliance Check, we discussed best practices for drafting a 401(k) plan summary plan description

401k plan sponsors have a vested interest in making sure plan participants have properly completed and filed their beneficiary designations. The majority of beneficiary designation issues affecting plan sponsors and administrators arise after a participant has passed away.

In last month’s 401(k) Compliance Check, we discussed best practices for drafting a 401(k) plan summary plan description (SPD). This month we provide some best practices for plan...