IRS Updates Employee Plans Compliance Resolution System The IRS has issued an update to its voluntary correction program for retirement plans, the Employee Plans Compliance Resolution System (EPCRS). Revenue Procedure 2015-27 is meant to be a modification, […]
Beth Logan Administrator
IRS Extends Testing Relief for Closed Defined Benefit Plans Often, when a defined benefit (DB) plan excludes new employees, those new employees will participate in a defined contribution (DC) plan. Over time, as the proportion of the DB plan […]
Carter Angell Actuary
DOL Changes Deadline for Participant Fee Disclosure Recently, the Department of Labor (“DOL”) announced a revision to the timing rule plan administrators must comply with when delivering annual participant disclosures under ERISA 404(a)(5). Under 404(a)(5), administrators of […]
Craig Harrell Consultant and Principal
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