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Meeting Minutes: Crucial Fiduciary Documentation
This comment is among the most common findings cited in ERISA audits each year. While meeting minutes are often viewed simply as a record of plan changes or updates, their importance goes far beyond documentation. Properly maintained meeting minutes provide clear evidence that a plan sponsor is fulfilling its fiduciary responsibilities by reviewing key plan…
2026 ERISA Compliance Calendar: Key Deadlines and Requirements
Being a retirement plan sponsor means staying ahead of numerous annual compliance deadlines. This is essential to avoid penalties and ensure participants receive timely and accurate information. This 2026 calendar outlines key ERISA deadlines for calendar-year-end contributions and defined benefit plans, including required filings, participant notices, funding obligations and operational tasks. All dates reflect statutory…
Lawmakers Introduce Bill to Simplify Form 5500 Reporting
On February 4, 2026, lawmakers introduced bipartisan legislation that would simplify the Form 5500 reporting process for employer sponsored retirement plans governed by ERISA. The proposed Form 5500 Filing Simplification Act is intended to reduce administrative complexity while maintaining the transparency and regulatory oversight relied upon by plan participants and federal agencies. Breaking Down the Latest Proposed…
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