SAS 70 report
What is A SAS 70 Report and Why Should A Plan Fudiciary Obtain One from their Third Party Administrator?
One widely recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA) is the Statement on Auditing Standards No. 70 (SAS 70). It is important for Plan Fiduciaries to understand what an auditor’s examination performed in accordance … read more
If you have read any of our blogs, you will notice that we offer extensive advice on what your responsibilities are as a Plan Sponsor. We also discuss what you need to know when selecting a TPA, and how to … read more
Finding information on employee benefit plans can be difficult and time consuming. As a service to our clients, and other interested parties who are involved in or in need of employee benefit services, we'll gather all of the information for you. We'll keep you up-to-date on the latest laws and regulations and we will even add our own personal insight into what else is occurring in the employee benefits world. We will provide these posts weekly and hope to get your input and feedback on the various topics. We will also share that feedback with others, as we find appropriate.
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- Benchmarking Your 401(k) Plan Provisions
- 2015 Retirement Plan Limits
- Do You Have a Hardship?
- Fiduciary Duty Advice for 401(k) Plan Sponsors: The Small Things Matter
- How to Handle Forfeitures
- Benefits and Preparation for Auto Enrollment and Auto Escalate in a Benefit Plan
- What You Need to Know When Filing Form 5500
- Determination Letters Will Not be Issued for 403(b) Plans
- Plan Corrections Necessary? DOL Corrections Program
- Journal Entries for Benefit Plan Accounting