In the current investment climate involving historically low interest rates and an uncertain stock market, we have been approached by clients, consultants and third party administrators with the same request: “Can a plan invest in non-traditional investments, such as real estate?”
It is all too common that employers sponsor underfunded defined benefits plans that they cannot afford to terminate.
Earlier this month, the Department of Labor (DOL) released the long-awaited final service provider fee disclosure regulation under Section 408(b)(2) of ERISA.
Earlier this month, the Department of Labor released the long-awaited final service provider fee disclosure regulation under Section 408(b)(2) of ERISA.
Requirements under ERISA mandate that an administrator of an employee benefit plan, subject to Part 1 of Title I of ERISA, file an annual report with the Secretary of the Department of Labor (DOL).
Traditionally, employee stock ownership plans (ESOPs) are used as a vehicle to facilitate the retirement of the sole (or majority) shareholder of a closely held corporation and to finance business acquisitions
Many employers with union employees contribute to multiemployer (or union sponsored) pension plans on behalf of those employees.
As many employers may already know, the new health care reform law has created a special status for health care plans that allows them to be exempt from many of the law's new requirements - a status referred to as "grandfathered plan status.
Business owners, like most other baby boomers, will be retiring in large numbers in the next 10 to 15 years.
On March 23, 2010, the Patient Protection and Affordable Care Act (generally referred to as the Health Care Reform Act) was signed into law.