Amy Sac, CPA | July 17, 2018
401(k) Plan Sponsor Pitfall #2: Not Following the Plan Document
In auditing 401(k) plans, one of the most common problems seen is the plan sponsor's failure to follow the terms of the plan document.
401(k) Plan Sponsor Pitfall #3: Employee Contributions
The 15th day rule is the most common rule followed by employers when remitting their employees contributions to their 401(k) plans.
Automatic Enrollment Features