This issue’s topics include: DOL fiduciary rule rocks plan investment advice landscape When the final version of the U.S. Department of Labor’s fiduciary standards rule for advisors to retirement plans was issued in April, the wait for the long-anticipated regulatory…
Blog Archives
Employee Benefits Update: August/September 2016
Tagged with: 401k, Accounting, Administration, benefit, Business, Compliance, Consultants, defined benefit plan, discriminatory plans, DOL, EBRI, ERISA, fees, Fiduciary, Form 500, investment advice, lump sum, plan, reality, Retirement, retirement preparedness, Risk
Posted in Employee Benefit Plans
Posted in Employee Benefit Plans
Seven Prominent Universities Sued Over 403(b) Plan Fees
The 403(b) community has become the target of retirement plan fee litigation. Lawsuits have been filed against Duke, Johns Hopkins, MIT, NYU, UPenn, Vanderbilt, and Yale on behalf of plan participants. The complaints allege that the plan sponsors failed to monitor excessive…
Tagged with: 401k, 403(b), Accounting, Administration, benchmark, benefit, Business, claim, college, committee, Compliance, DOL, Duke, ERISA, fees, Fiduciary, Funds, investment, Johns Hopkins, lawsuit, litigation, MIT, not-for-profit, NYU, oversight, plan, provider, Retirement, Risk, sponsor, sued, university, UPenn, Vanderbilt, Yale
Posted in Employee Benefit Plans
Posted in Employee Benefit Plans
Employee Benefits Update: June/July 2016
This issue’s topics include: DOL liberalizes views on economically targeted investments The U.S. Department of Labor (DOL) has reversed guidance it issued in 2008 with respect to retirement plans’ allocating funds to economically targeted investments (ETIs) that consider environmental, social…
Tagged with: 401k, Accounting, Administration, auditor experience, auto-enrollment, auto-escalation, benchmark, benefit, brokerage window, Business, Compliance, Consultants, deferred, DOL, ERISA, ETIs, excessive fee, fees, Fiduciary, Form 500, plan, Risk, safe harbor
Posted in Employee Benefit Plans
Posted in Employee Benefit Plans
Employee Benefits Update: April/May 2016
This issue’s topics include: Plan fee benchmarking Key fiduciary considerations when reviewing plan fees Are the services a plan receives reasonably priced? Knowing the answer is a vital fiduciary duty. ERISA expects more from plan fiduciaries than simply shopping around…
Tagged with: 401k, Accounting, Administration, auditor experience, benchmark, benefit, brokerage window, Business, Compliance, Consultants, deferred, DOL, ERISA, fees, Fiduciary, Form 500, Legal, nonqualified, NQDCP, plan, Risk
Posted in Employee Benefit Plans
Posted in Employee Benefit Plans
Employee Benefits Update: February/March 2016
This issue’s topics include: IRS eases pain for correcting certain plan administration errors What are you forgetting? Reviewing commonly overlooked fiduciary duties It may be time to offer annuity options to 401(k) plan participants Shut the door: IRS ends defined…
Tagged with: 401k, Accounting, Administration, annuity, benefit, Business, Compliance, Consultants, DOL, employee, Employer, ERISA, Fiduciary, IRS, lump sum, management, participant, payouts, plan, regulations, Retirement, retirement plan
Posted in Employee Benefit Plans
Posted in Employee Benefit Plans
Employee Benefits Update: Year End 2015
This issue’s topics include: Determination letter limbo: IRS makes changes to determination letter program Tibble case puts focus on fiduciaries’ ongoing duties Give employees more bang for their buck: How to use default deferral rates and auto-escalation clauses Is a customized TDF…
Tagged with: 401k, Accounting, auto-escalation, benefit, Business, Compliance, Consultants, customize, default deferral rate, determination letter, DOL, employee, Employer, ERISA, Fiduciary, IRS, management, participant, plan, regulations, Retirement, retirement plan, rollover, TDF, Tibble
Posted in Employee Benefit Plans
Posted in Employee Benefit Plans
Employee Benefits Update: October/November 2015
This issue’s topics include: Be careful what you toss: Plan record retention requirements Year end notices: Staying on top of the requirements Survey says…Poll highlights what participants think they know When electronic disclosure isn’t enough under ERISA Click Here to Download…
Tagged with: 401k, Accounting, beneficiary, benefit, Business, Compliance, Consultants, DOL, employee, Employer, ERISA, Fiduciary, Insurance, insured, Liability, management, Money, notices, participant, plan, plan document, problems, Record, regulations, retention, Retirement, retirement plan, rollover, Survey, Year End
Posted in Employee Benefit Plans
Posted in Employee Benefit Plans
Employee Benefits Update: August/September 2015
This issue’s topics include: 401(k) rollovers: How rollovers to your plan can benefit everyone DOL reproposes ERISA fiduciary investment advice regulations Are you insured? Fiduciary liability insurance can help when problems arise Court finds that plan document trumps beneficiary designation…
Tagged with: 401k, Accounting, beneficiary, benefit, Business, Compliance, Consultants, DOL, employee, Employer, ERISA, Fiduciary, Insurance, insured, Liability, management, Money, plan, plan document, problems, regulations, Retirement, retirement plan, rollover
Posted in Employee Benefit Plans
Posted in Employee Benefit Plans
Audit & Accounting Update
Join us for the 4th installment of Insero & Company’s 2013 CPE Series. The CPE Series provides financial professionals and business owners with relevant, up-to-date information and networking opportunities at an affordable price. The next seminar is our annual Audit & Accounting Update…
Tagged with: Accounting, assurance, Audit, Business, Compliance, CPE, Education, GAAP, Locust Hill Country Club, Rochester
Posted in Events
Posted in Events
DCAA/DCMA Compliance & Audit Changes Facing All Government Contractors & Recent Trends in IRS Audits
Join us for the 3rd installment of Insero & Company’s 2013 CPE Series. The CPE Series provides financial professionals and business owners with relevant, up-to-date information and networking opportunities at an affordable price. This month features an update on DCAA/DCMA Compliance & Audit…
Alan Pecora
Anthony Mangiameli
David Mandrycky
Insero & Co.
Jacquie Platt
Jennifer Ott
Kimberly Gangi
Lou Gangi
Renee Ricci
The Highest Standard 