by Taylor Brown | Sep 6, 2023 | INTAC Blog
A revision regarding which qualified retirement plans need independent audits when filing Form 5500 takes effect this year. The update concerns how plan participants are counted and it determines what qualifies as a large plan or a small plan. It is a game-changer for...
by Taylor Brown | Jun 27, 2023 | Hot Topics
The matter of timely deposits is a key compliance issue regarding a company’s 401(k) plan. Plan sponsors have a fiduciary responsibility to deposit participant contributions in a timely manner—and act in the participants’ best interests. The IRS deems late deposits as...