Articles

Posted on May 8, 2025

In today’s labor market, offering a competitive salary isn’t always enough to attract and retain top talent. Employees are looking for more, particularly regarding long-term financial security. One powerful but often underutilized tool is a well-designed 401(k) plan.

Posted on Apr 10, 2025

A 401(k) plan audit can feel daunting, but with proper preparation and guidance, employers can ensure compliance and minimize risks. Understanding what triggers an audit, how to prepare, and the role of a Third-Party Administrator (TPA) in audit readiness can help businesses navigate the process smoothly.

Posted on Mar 6, 2025

Changing jobs can be an exciting time, but it also comes with important financial decisions—one of which is what to do with your 401(k). If you've been contributing to a retirement plan through your employer, you’ll need to decide how to handle those funds.

Posted on Feb 6, 2025

Selecting the right third-party administrator (TPA) is critical for businesses that want to efficiently manage their retirement plans. A TPA acts as an extension of your company, handling essential administrative functions while ensuring cost-effectiveness and regulatory compliance.

Posted on Jan 13, 2025

Compliance with federal regulations like ERISA, ACA, and COBRA is critical for employers offering benefits programs. Yet, navigating these complex requirements can be overwhelming, especially for small to mid-sized businesses. Noncompliance, whether due to oversight or misunderstanding, can lead to hefty fines, damaged employee trust, and reputational harm.

Posted on Dec 5, 2024

As the year draws to a close, it’s the perfect time to reflect on your financial health and ensure you’re on track to meet your retirement goals. A quick year-end checkup can help you identify gaps, celebrate progress, and make adjustments for the upcoming year. Here are a few steps to guide you.

Posted on Nov 8, 2024

The IRS has announced new contribution limits for 401(k) plans in 2025, offering savers an opportunity to boost their retirement funds. Starting in 2025, employees will be able to contribute up to $23,500 to their 401(k) plans: a $500 increase from the 2024 limit of $23,000.

Posted on Oct 27, 2024

With a Cash Balance Plan, each participant has an account which grows annually in two ways: (1) a contribution, and (2) an interest credit, which is guaranteed rather than dependent on the plan's investment performance.

Posted on Oct 9, 2024

October is National Retirement Security Month, an annual campaign to raise awareness about retirement planning. This initiative offers employers a unique opportunity to support their employees' financial futures by encouraging smart retirement savings strategies.