Dec 8, 2015
When it comes to operating your retirement plan, determining the compensation that should be used for each participant can be really confusing. The rules can be so confusing that using an incorrect definition of compensation is on the top ten list of mistakes the IRS sees in voluntary correction programs. This newsletter covers some of the more...Nov 6, 2015
We are pleased to announce the addition of two new Relationship Managers to the TRPC Team: Kendra Gulley and David Leathers. Kendra Gulley has over 10 years of experience in business development, compensation and benefits, and financial planning. Prior to joining TRPC, Kendra served as a Human Resource Professional where she focused on new policy...Oct 8, 2015
Many employers establish retirement plans without being fully aware of their fiduciary responsibilities. It is imperative to know whether you are a fiduciary and, if so, what your responsibilities are. Fiduciaries should focus on all aspects of maintaining the plan including the selection and monitoring of investments and service providers;...Aug 25, 2015
On August 20th, TRPC’s Defined Benefit Service Team gave a web presentation on defined benefit plans and DB/DC combo plan arrangements. The presentation discussed the key differences between DB and DC plans, ways to identify whether a self-employed individual or employer is a good candidate for a DB plan, and funding illustrations for Traditional...Aug 10, 2015
Over the last two decades, the IRS has continued to evolve, update and consolidate programs to make them more accessible and meet the needs of an evolving business climate. That evolution continued earlier this year when the IRS expanded the correction options for situations when participants are not signed up to make 401(k) deferrals when they...Jul 10, 2015
TRPC is pleased to announce that we have joined Alliance Benefit Group (ABG). Alliance Benefit Group, LLC is a national network of independently owned retirement plan consulting, investment advisory, health and welfare consulting, as well as benefits administration firms. Our relationship with ABG gives us access to additional industry resources...