The reviews are in and WBLF conference just held in Charleston, S.C. was a big success!
The IRS has issued a reminder about the importance of taking steps to protect tax records from hurricane damage — and the same principle applies regarding protecting records relevant to plans and participants.
A study the Department of Labor did of its audits of employee benefits plans shows that the department needs to improve the quality of those audits.
The Financial Accounting Standards Board Emerging Issues Task Force has issued an FASB Exposure Draft containing proposed updates to accounting standards for defined benefit and defined contribution plans.
Remember the importance of 401(k) plan committees, which can exercise their fiduciary responsibility through meetings and quarterly reviews.
A federal district court in North Carolina has ruled that the rounding decision is a discretionary one that a plan administrator can make, and that choosing to round to five decimal places was not an abuse of discretion.
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