More companies will change their 401(k) providers/platforms between Labor Day and Thanksgiving than at all other times of the year. Why? Virtually none of your employees (participants) has made money in 2022 in their 401(k) and some are down up to 40%. Has your...
401(k) nondiscrimination testing—What is it, and why is it important? What happens if you don’t pass your tests, and how can you ensure that you pass? Whether you’ve been tasked with 401(k) administration, you’ve just started a new 401(k) for your company, or you’re...