ERISA Compliance Associates, LLC, San Diego CA, ERISA Consultants

401(k) School & Fiduciary Forum

To ensure that our clients have the most current processes and procedures for successful plan administration, ERISA Compliance Associates, LLC (ECA) provides a 401(k) School and Fiduciary Forum for in-house administrators.

The great news… our client’s in-house administrative staff and managers will receive instructions from nationally recognized educators in plan administration operations and have direct contact with those at ECA who work on their Plan.

401(k) School

Listed below are some of the topics for the 401(k) School:

Characteristics of a well-designed 401(k) Plan

Human Resources

Plan Operations: The cycle of administration

Providing Summary Plan Descriptions at point of hire

Employee Notices for Safe-Harbor 401(k) Plans

The Enrollment Process

The importance of making sure Beneficiary Designation forms are current

Participant Loan Procedures

Distribution Procedures

QDRO Procedures

Rollover Procedures

Summary Annual Report disclosure to Participants

Payroll-related issues

Timely deposits of elective deferrals

Participant loans

§402(g) deferral limits

Fiduciary Forum

The Employee Retirement Income Security Act’s (ERISA) fiduciary responsibility standards impose on plan fiduciaries, among other things, a duty of loyalty to plan participants and a duty of care. These fiduciary obligations are among the “highest known to law.” An individual plan fiduciary who breaches his or her duties under ERISA may be held personally liable for any losses to the plan that result from such breach. Listed below are some of the topics for the Forum:

Fiduciary Responsibility/Who are the Fiduciaries?

ERISA Fidelity Bonds vs. Fiduciary Liability Insurance

Handling EE contributions timely (deposit of salary deferrals and

loan payments)

All Participant Loans should be repaid by Payroll deduction

Sarbanes-Oxley Act Blackout Notice Requirements

ERISA §404(c) Protection

Form 5500: Annual Return for Department of Labor and the IRS

Fiduciary Compliance Review: 25 Essential Points

Topics being addressed in HR/Operations Forum

Download the PDF: 401(k) School & Fiduciary Forum

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