Tag: Form 5500

The instruction updates include how to report on pension-linked emergency savings accounts.

Tech and legal firm Darrow uses AI as a tool for ERISA lawsuit allegations such as underperforming plans, excessive fees.

The IRS, PBGC and EBSA are accepting suggestions on how to simplify disclosures to benefit fiduciaries and participants.

A retirement plan auditing expert provides a primer for recording minutes accurately and with maximum value for retirement plan committee...

The IRS provided clarification about ‘grandfathered’ plans, and the DOL announced Form 5500 updates that include Schedule DCG.

The new form contains modifications for both SECURE Acts.

The 2020 retirement lawsuit alleged that the plan committee did not properly monitor recordkeeper and investing fees.

States that have implemented retirement savings programs for employees have not crowded out private plans, new research from the Pew...

This year’s changes include reporting modifications for PEPs and small plans.

The suit alleges Ventura did not monitor high fees and underperformance of the funds in its investment menu.

The document changes were the same for administrative penalties, but also contained differences.

Assuming there is no malfeasance or criminal activity going on, the process of a DOL or IRS audit does not have to be unpleasant, even if minor issues...

In addition to the Form 5500 informational copies, the IRS has also released the 2021 Form 5500-EZ and related instructions.

In addition to asking for input on the SECURE Act’s requirements and the current Form 5500, the DOL has published a notice of proposed changes to its implementation...

The IRS has addressed Form 5500 filing for plan sponsors that take advantage of the extended deadline for plan adoption provided by the SECURE Act.

The agency has also highlighted important modifications to the form.

It integrates Form 5500 data with a customer relationship management system.

There are two proposed changes and the IRS also wants comments about the obligation of filing.