Employer Resource Center

Proposed DOL Rule Makes Electronic Delivery the Default Method for Plan Participant Required Notices
Team SummitEmployer Resource Center, Plan Operations & AdminComments are off for this post
In the past 17 years, since the Department of Labor promulgated its safe harbor rules for electronic delivery of required notices under ERISA, electronic delivery has slowly become the norm. As plan sponsors and recordkeepers alike strive for administrative efficiency and lower costs, it only makes sense that many prefer electronic delivery of notices. It  Read More →
Keeping in Compliance: IRS Tips for Plan Sponsors
Team SummitEmployer Resource Center, Fiduciary Governance, Plan Operations & AdminComments are off for this post
As an employer, you’re responsible for keeping your company’s retirement plan in compliance at all times. Additionally, your plan document should be reviewed on an annual basis and administered accordingly. The IRS offers useful tips for plan sponsors, helping you to stay compliant, informed, and prepared in order to provide the best possible retirement plan  Read More →
Increasing Employee Retirement Contribution Participation
Team SummitEmployee Outcomes, Employer Resource Center, Fiduciary GovernanceComments are off for this post
As a retirement plan sponsor how can you encourage your employees to save – and save more? Improving both employee participation and their saving rates is easy when you’re prepared. Here are four simple ways you can help your employees start building a confident retirement. Boost Employee Participation with Automatic Enrollment Choosing to automatically enroll  Read More →

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