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 ERISA 404c Regulations
Many 401k plans fail to address the many regulatory requirements including 404c rules. Compliance with the 404c rules enables companies to achieve safe harbor protection. Plan sponsors often don't realize that if they address the many regulatory, and compliance issues correctly including 404c, that this single advantage could help enable them to significantly lower their overall costs, while also greatly reducing the many liabilities, eliminating conflicts ... ERISA LAW AND THE 401(K) PLAN FIDUCIARY part I
Most 401k plans fail to address the many regulatory requirements! Plan sponsors are now awaking to the fact that properly addressing the many regulatory, and compliance issues correctly in 401k plans, that this advantage could help enable them to significantly lower their overall costs, while also greatly reducing the many liabilities, eliminating conflicts of interest, and providing a better overall solution to the participants. ERISA LAW AND THE 401(K) PLAN FIDUCIARY part II
This is one of the best and most comprehensive reports that could help companies to understand their 401k plan fiduciary responsibility. It was written Tom Hoecker. You can reach Tom at thoecker@swlaw.com ERISA AND THE 401(K) PLAN FIDUCIARY part II I. Open Option Plans 1. The Open Option Concept As a general rule, an Open Option feature allows plan participants to select nearly any available ... |
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ERISA news on the web: Update in the On-Going ERISA 401(K) Class Action Against Northern Trust Company Announced by Stull, Stull & Brody (Business Wire via Yahoo! Finance)NEW YORK----Stull, Stull & Brody announced today that on March 9, 2010 the Honorable Judge Lefkow of the United States District Court for the Northern District of Illinois, Eastern Division, denied in part Northern Trust Company's motion to dismiss the ERISA class action complaint which had been filed on behalf of certain participants who held Northern Trust stock in their Northern Trust Company ... Update in the On-Going ERISA 401(K) Class Action Against Northern Trust Company Announced by Stull, Stull & Brody (Business Wire via Yahoo! Finance)NEW YORK----Stull, Stull & Brody announced today that the Honorable Judge Lefkow of the United States District Court for the Northern District of Illinois, Eastern Division, yesterday denied in part Northern Trust Company's motion to dismiss the ERISA class action complaint which had been filed on behalf of certain participants who held Northern Trust stock in their Northern Trust Company Thrift ... Labour and Employment (Mondaq)The Mental Health Parity and Addiction Equity Act (MHPAEA), passed by Congress in 2008, significantly altered the rules for group health plans (GHPs) providing mental health or substance abuse disorder benefits (the Covered Benefits). Demolition company execs, residing in Newark and Middletown, convicted of tax, retirement benefit fraud (The Newark Post)William C. Holley, age 44, of Middletown, and Joseph E. Funk, Jr., age 61, of Newark, were found guilty by a federal jury on March 10th of various tax and retirement benefit fraud-related crimes. The season, according to Dave Riley (Telluride Daily Planet)Telluride Ski and Golf Company may not be a main street shop, but its CEO, Dave Riley, made an appearance at the Telluride Retail Association meeting Tuesday to discuss the economy and share how his own business is faring. Proskauer Expands Global Labor and Employment Practice to Chicago (Business Wire via Yahoo! Finance)CHICAGO----Signaling the continued expansion of its renowned labor and employment practice and Chicago office, Proskauer announced that Nigel Telman, an experienced employment law litigator and counselor with deep ties to the Chicago business and civic communities, has joined the firm as a partner. HPG Partner Speaking at Raleigh Chamber Event (dBusinessNews.com)RALEIGH – Hughes Pittman & Gupton, LLP ( www.hpg.com ), the largest CPA firm headquartered and staffed in the Research Triangle Park region of North Carolina, announces today that firm partner, Larry Hamilton, will be the featured speaker at the Raleigh Chamber of Commerce's North AM Network event on March 11, 2010. Hamilton will discuss the changing tax code structure ... Labour and Employment (Mondaq)This newsletter briefly discusses several recent developments in employee benefits and executive compensation that may be of interest. For more details on any item reported herein, please contact any member of Blank Rome's Employee Benefits and Executive Compensation group. Lien Negotiation Counsel Unveils Service to Help Personal Injury Attorneys Achieve Lower Healthcare Lien Reimbursement ... (PRWeb)Legal team leverages nearly two decades of healthcare subrogation experience to address increasing demands by Health Plans (PRWeb Mar 10, 2010) Read the full story at http://www.prweb.com/releases/2010/03/prweb3707434.htm Kucinich: White House Knows How to Get My Vote (ABC News)Dennis Kucinich - United States - Government - President - Health care |
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