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“If the plan document says something other than what you do or meant to do, you need to get that amended to make sure your procedures follow the plan document.” - Kim Moore
The finer details in this episode:
- Common eligibility errors that companies make for employees entering the plan
- What to do with interns and seasonal employees
- How to set service requirements in your plan document
- Why you should document that you offered the plan to your employee
- How to determine if you have a fidelity bond
- What you need to know about discrimination testing
- Best practices for distributions and loans
- Disclosures that need to be distributed about your 401k plan
Episode resources
