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Recently, Benefit Plan Administrators, Inc. confirmed that the company experienced a data breach after an unauthorized party gained access to the company’s computer network and the...
401k plan sponsors required to include legally compliant definition of compensation within the plan document. Compensation is a material component in determining a 401k plan participant’s deferral contributions and related company match amounts.
Following a Labor Department probe, Bicallis LLC must pay more than $150,000 to its retirement plan and has been replaced as fiduciary.
More than $150,000 ordered paid to a Maryland company's retirement plan; company and owner barred from any future ERISA fiduciary roles.
/PRNewswire/ -- What: Retirement and 401(k) Spotlight Why: The Securing a Strong Retirement Act of 2022, commonly referred to as SECURE 2.0, is a wide-ranging...