Author Archives: Maria Arriola

How the Cost-to-Cost Method Improves Profitability in Construction Projects

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How Should a 401(k) Plan Sponsor Respond to a Data Breach?

Data breaches are a growing concern in today’s digital age, and even 401(k) plans are...

New 401k Plan Audit Rules for 2023

The DOL has made some changes to the financial statement audit requirement for retirement plans....

80/120 Rule: Which 401(k) Plans Are Required to Have an Audit?

We hope you’re aware that the “full-scope audit” for the 401(k) plan requirement for more...

Alternatives to CalSavers (Because You Don’t HAVE to Use It)

The DEADLINE for companies with 5 or more employees is June 30, 2022. Introduction You...

Retirement Plan Contribution Limits for 2022: 401(k) Limit Increases to $20,500

About this time every year, the IRS publishes the Retirement Plan Contribution Limits for 2022...

Benefits of Monitoring 401(k) Plan Each Quarter

Large and Small 401(k) Plans and a Handy Checklist! Administering a retirement plan carries a...

The July 2022 Season for 401(k) Plan Amendments Opens Soon

Running a retirement plan requires following all the IRS requirements to the T. Each year,...

CalSavers Requirements 2021 REMINDER for Mandatory 401K Plans

The Deadline for Businesses with > 50 Employees Is JUNE 30, 2021 CalSavers Requirements 2021...

COVID Workforce Reductions and Your Company’s 401(k) Plan

Don’t get caught with a partial termination issue when you have your 401(k) plan audited...

The IRS Has Announced the Deadline for Reinstatement of Defined Contribution Plans

Lots to Know. Lots to Do. You have until July 31, 2022, to restate pre-approved...

Does Your 401(k) Plan Need an Audit? A Closer Look at the 80-120 Rule

Generally speaking, 401(k) plans with fewer than 100 participants at the beginning of the plan...

How to Select the Right 401(k) Plan Auditor for Your Company … and why you need one

What is the purpose of a 401(k) plan? A 401(k) plan is designed to guard...

Why Loading Up On Inventory to Beat a Tax Increase Can Be a Mistake

In late 2018, the United States government announced the new Excise Tax for products purchased...

What are My Tax Consequences if I Take a Hardship Distribution from My 401(k) Plan?

Need to take a hardship distribution? In the Bipartisan Budget Act (“Act”) passed in February...