Experts in Personalized Retirement Plan Design & Administration

BPP401k Newsletter 9.26.2018

The Most Avoidable Errors Of A 401(k) Plan Sponsor

There are a lot of times where you’ll suffer a mishap because there are certain things beyond your control. However, there are many instances out there where a mishap occurs because you failed to do something so simple like not leaving the stove on in your house. When it comes to retirement plan sponsors, there are so many things that can go wrong in the operation of a retirement plan. However, there are many errors that could affect the tax qualification of the plan and cost needless amounts of money to correct on some very simple things that can be easily avoided through the plan sponsor’s control. This article is about plan errors that a 401(k) plan sponsor can easily avoid.

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