How are you feeling about your 401(k)? Would you survive an audit? As an employer, do you understand your fiduciary responsibilities and what is truly at risk? Your personal assets ARE at risk! Do your employees really understand their retirement plan benefits?
The Department Of Labor (DOL) has hired hundreds of new auditors and significantly increased the scope of who they are auditing! Employer sponsored retirement plans and group health and benefit plans are in their crosshairs. As a result, it is vital that you have everything in order to avoid class action lawsuits and major penalties.
Our systems work together to help you keep your plan in order. By working with us, you will have the opportunity to gain assistance on some of your fiduciary responsibility, educate your employees with material designed around DOL regulations, and periodically compare your plan with other options to make sure you’re getting the most out of it.
Group health plans are also coming into focus with the DOL. In fact, your group health plan may already fall under ERISA and require certain documentation. We can help ensure you have what you need.
Click/call now to schedule a consultation to see what we can do for you and your group benefits.