The Importance of a Retirement Plan Committee & Annual Reviews
March 1, 2021
Retirement plans are complex and have many moving parts; as such, many plan sponsors create retirement plan committees to help keep them running smoothly. They may be called “investment” or “administrative” committees and can range in size. Regardless of the name or number of people involved, the committee’s organization, process and documentation are key to […]
Northeast Benefit Services Inc.
Think Green: Have You Considered 401(k) e-Disclosures?
February 1, 2021
Anyone who has received stacks of mailed booklets, leaflets or other paper 401(k) disclosure materials might be cheering about the Department of Labor’s (DOL) recent rule that expands employer options for delivering retirement plan documents online.1 The Electronic Disclosure Safe Harbor for Retirement Plans went into effect July 27, 2020 as a “voluntary safe harbor […]
Northeast Benefit Services Inc.
Video – 4 Actions to Help Reduce Retirement Plan Litigation
January 12, 2021
Your company retirement plan should be a valued benefit, not an open door for lawsuits! How can you reduce your fiduciary liability, protect yourself and your participants? Here are four straightforward actions to take to help reduce plan litigation.
Northeast Benefit Services Inc.
Annual Retirement Plan Checklist
January 12, 2021
As a plan sponsor, you are responsible for keeping your plan in compliance with government regulations. One of the important areas of compliance involves the many documents that are part of plan administration. These documents must be in writing and kept at your fingertips in case you need to refer to them. On top of […]
Northeast Benefit Services Inc.
Three Pillars of Wellness: Mental, Physical, and Financial Guide
January 12, 2021
As the seasons change, employees may need a check-up from their employers to make sure they are in good health! Wellness and self-care during the winter months are especially important. The mental, physical and financial wellness of your employees can directly affect their productivity and the workplace culture. Here is a roundup of action items […]
Northeast Benefit Services Inc.
News and Information for Employers Q1 2021
January 12, 2021
Does fiduciary plan governance look different in 2021? Our quarterly newsletter touches on fiduciary plan governance topics to help you stay informed on what has changed or requires action this year: The Importance of a retirement plan committee and annual reviews ERISA updates: 5 big changes plan sponsors need to know Think green: e-disclosures Download […]
Northeast Benefit Services Inc.
ERISA Update: 5 Big Changes Plan Sponsors Need to Know
January 1, 2021
If navigating a worldwide pandemic weren’t enough, the world of employee benefits continues to throw curve balls at employers and plan sponsors who must constantly keep up. Below are 5 big changes that retirement plan decision-makers should know about. 1. How far will retirement savings go All defined contribution (DC) plan benefits to be expressed […]
Northeast Benefit Services Inc.
Video: Market Volatility We’ve Been Here Before
December 15, 2020
Market downturns are a part of any investing life cycle. Here’s how to help encourage your participants to stay the course while times are challenging.
Northeast Benefit Services Inc.
Plan Sponsor Guide: Missing Participants End of the Year Clean Up
December 15, 2020
Have your former employees turned into missing participants? Follow these best practices to help clean up your retirement plan by the end of the year >> Download the Guide
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Participant Infographic: Seeking Finding and Consolidating Your Accounts
December 15, 2020
Having all retirement savings in a single account can make participants life so much easier! Help your participants locate and consolidate their 401(k) accounts, share this infographic >> Download the Infographic
Northeast Benefit Services Inc.
Q4 2020 Lift Retirement Newsletter
December 15, 2020
With 2021 approaching fast, it is time to start thinking about end-of-year initiatives to thrive in the “new normal” and keep your company’s retirement plan on track. Check out our Q4 2020 Lift Retirement Newsletter >> Download the Newsletter
Northeast Benefit Services Inc.
Why It’s Important to Review, Refresh and Revise Retirement Plan Documents
December 1, 2020
You likely recognize the importance of seeing your doctor for an annual physical to keep your health in tip-top shape, or taking your car in for routine maintenance to keep it running like new. But what about checking the health of your retirement plan? When is the last time you reviewed your retirement committee charter, […]
Northeast Benefit Services Inc.
