Newsletter Articles
We’ve archived a series of newsletters, titled Benefit Insights, to help answer questions you might have about the operation and administration of retirement plans, as well as changes in legislation. You’ll find a new article here every quarter.
Important Plan Communications
Few aspects of plan administration are more important than communications to the plan’s participants and beneficiaries. As the retirement industry evolves, so does the awareness that communications to participants are crucial. Certainly this is abundantly evident in legislation in recent years.
Timing of Plan Contributions
Retirement plans are funded by contributions from employers and/or employees, depending upon the type of plan and the provisions established under the plan document. These contributions must be deposited to the trust established under the plan by certain dates.
Fiduciary Responsibility for 401(k) Plans
Many people view plan documents as word processing forms, plan design as “fill-in-the-blank,” plan administration as pushing the right button on a computer, and 401(k) investments as nothing more than a group of mutual funds.
Of course, we’d be happy to hear your questions personally. We’ve got answers.
Red Bank Pension Services: independent, flexible, experienced
We’re leaders in retirement plan administration.
How can we help you get where you want to go?
Phone: (732) 747-1540
Email: [email protected]