401(k): Find and Fix – Participant Loans Weren’t Administered According to Plan Terms
An employee comes to you after taking out a loan against her 401(k). She explains that it has been several months and no repayments are being taken out of her …
401(k): Find and Fix – Hardship distributions weren’t made properly
You’ve been the benefit administrator with your current employer for a couple of years. During that time, there have been a handful of employees who have requested hardship distributions from …
401(k): Plan Error: Employer Matching Contributions Were Not Made Appropriately! What now?
It’s time for your annual 401(k) audit and it turns up that there was a failure to contribute the employer matching contribution according to the plan document. So now you …