Search for: "Retirement Plan Administrative Committee"
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24 Sep 2013, 5:16 pm
Employers, employee benefit plans, their sponsors, fiduciaries and administrators should not assume that existing definitions will have the intended effect or be compliant. [read post]
8 Oct 2013, 1:50 pm
Careful Vendor Selection & Contracting Foundation of Health Plan Compliance & Risk Management As an initial matter, employers or others selecting plan vendors generally need to credential service providers to manage exposures under the fiduciary responsibility rules of the Employee Retirement Income Security Act of 1974 (ERISA). [read post]
12 Jun 2022, 9:01 pm
As an initial matter, the plan fiduciary of each company’s retirement plans—not the board of directors or a committee thereof, acting in such capacity—has the authority to select and monitor the investment options in the plans. [read post]
25 Feb 2014, 6:03 am
In the context of an employee benefit plan, the responsible party is presumably the plan administrator, which is typically the employer or a committee. [read post]
9 Sep 2012, 11:52 am
Appoint an individual or committee as plan administrator. [read post]
2 Mar 2020, 6:22 am
In October 2015, he sued the administrators of the plans alleging that they had managed the plans imprudently. [read post]
10 Apr 2011, 9:00 am
Filed under: Defined Benefit Plans, Defined Contribution Plans, Employee Benefits, Employers, Employment Tax, ERISA, Retirement Plans, Risk Management, Tax, Tax Qualification Tagged: 401(k) Plan, 403(b) Plan, employee benefit plan, Employee Plan, IRS, plan qualification, Qualified Plan, retirement plan, Tax [read post]
23 Jul 2010, 8:26 pm
Register For August 24th 2010 Health Plan Update To Catch Up On Latest Federal Health Plan Regulations Employer and other plan sponsors, administrators, and fiduciaries of non-grandfathered group health plans must move quickly to update their plan documents, administrative procedures and agreements, claims and other communications and other processes and procedures to comply with new regulations (Appeals Rules) implementing… [read post]
17 Nov 2010, 5:17 pm
As originally interpreted by the Agencies in the Interim Final Regulations, self-insured group health plans were permitted to change third-party administrators without forfeiting grandfathered health plan status as long as the change did not otherwise change the plan terms or design in a way that would disqualify the plan for grandfathered status. [read post]
17 Mar 2024, 5:42 pm
What Health Plans, Their Fiduciaries, Vendors & Sponsors Should Be Doing Now Health plans, their fiduciaries, health plan sponsors and insurers, and their administrative and other service providers should move quickly to understand and act to mitigate the exposures likely to arise under the Health Insurance Portability and Accountability Act Privacy, Security and Data Breach Rules (HIPAA) Privacy, Security, and Breach Notification Rules, the claims, notice… [read post]
19 Jul 2010, 5:39 pm
Filed under: Defined Benefit Plans, Defined Contribution Plans, Employee Benefits, Employers, ERISA, Retirement Plans, Tax, Tax Qualification [read post]
27 Dec 2012, 4:35 am
A Fellow in the American College of Employee Benefit Council, immediate past Chair of the American Bar Association (ABA) RPTE Employee Benefits & Other Compensation Group and current Co-Chair of its Welfare Benefit Committee, Vice-Chair of the ABA TIPS Employee Benefits Committee, a council member of the ABA Joint Committee on Employee Benefits, and past Chair of the ABA Health Law Section Managed Care & Insurance Interest Group, Ms. [read post]
1 Aug 2012, 10:02 am
Under the Employee Retirement Income Security Act (ERISA), party or parties that exercise discretion or control over health plan administration, funds or certain other matters are generally called “fiduciaries. [read post]
1 Aug 2016, 9:42 pm
The same year, she and Rice, who worked for the third-party administrator to the trust fund, American Benefit Plan Administrators, now, Zenith American Solutions (Zenith), participated in an effort to complain about Brain’s interference with efforts to collect delinquent contributions from contractors. [read post]
21 Oct 2014, 5:16 am
plan administrators and other services providers, and governments on health care, retirement, employment, insurance, and tax program design, administration, defense and policy. [read post]
13 Dec 2013, 3:48 pm
All other rights reserved.Filed under: Defined Benefit Plans, Defined Contribution Plans, Employee Benefits, Employers, Retirement Plans Tagged: 401(a)(4), defined benefit plan, defined contribution plan, discrimination testing, plan qualification [read post]
29 Oct 2008, 11:00 pm
BP MARKOWITZ TO WELCOME BABY BOOMERS TO RETIREMENT--YES, RETIREMENT! [read post]
25 Apr 2009, 4:56 am
According to a press release from the Committee on Education and Labor, on April 21, 2009, Congressman Andrews, along with Congressman Miller, introduced The 401(k) Fair Disclosure for Retirement Security Act of 2009 (H.R. 1984) (the "Act").The Act would: Ensure that workers receive basic investment information, including information on risk, return, complete fees, and investment objectives before signing-up for a plan; Require that all fees - in one number -… [read post]
21 Aug 2015, 6:07 pm
Employers sponsoring health plans and members of their management named as plan fiduciaries or otherwise having input or oversight over the health plan should verify their company’s group health plan meets the out-of-pocket maximum rules of the Patient Protection and Affordable Care Act (ACA) § 1302(c)(1) as well as a long list of other federal health benefit rules to minimize the risk that violations will obligate the sponsoring employer to… [read post]
15 Sep 2015, 5:37 am
Stamer works closely with employer and other plan sponsors, insurance and financial services companies, plan fiduciaries, administrators, and vendors and others to design, administer and defend effective legally defensible employee benefits and compensation practices, programs, products and technology. [read post]
