401(K) Compliance Check #11 – Tackling Beneficiary Designations - Employee Benefits & Compensation
In last month's 401(k) Compliance Check, we discussed best practices for drafting a 401(k) plan summary plan description
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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...