Remitting Contributions Timely

The Department of Labor regulations states that employee contributions should be remitted to the plan as of the earliest date on which such contributions can reasonably be segregated from the employer’s general assets, but no later than the 15th business day after the end of the month from the date on which such amounts are …

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Internal Control Processes Over Participant Contributions

Are you doing all that you can to ensure that your participant’s accounts are correct?  When was the last time you evaluated your internal controls over participant accounts?  There are a few important steps you can do to beef up your internal control processes in order to increase the probability that your participant’s accounts are …

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