If you sponsor a 401(k) plan and utilize a pre-approved document, such as a prototype plan document, you may have recently received an updated plan adoption agreement from your plan vendor for your ...
For plan sponsors with a pre-approved 401(k) plan document that contains a discretionary matching contribution, there is a new compliance requirement. This new requirement is a result of the ...
The increase in the cap for concessional contributions has led to the fastest growth in seven years for discretionary contributions while compulsory contributions have plateaued for the past two years ...