The 401(k) Compliance Solution™ will protect you, your company, and your employees by making your 401(k) plan and investments totally compliant with all laws and regulations. Created by Patrick Carroll of Wealth Strategies Group and Stuart Paris of Paris International Corporation, the program helps you evaluate your current retirement plan, save money, legally protect yourself and your company, and promote the future success of your organization.

The 401(k) Compliance Solution™ was created because many Plan Trustees are not fully compliant with all 401(k) laws and regulations. For example, 401(k) plans may not be providing investment diversification as required by law. They may not have an investment policy statement or the plan may not be communicated properly to employees. There may be no coordination among the providers managing the various areas of the plan, such as communication, record-keeping, administration, and investments. Fees may be excessive and not properly disclosed or the plan may be run inefficiently.

All of these oversights, omissions and errors can spell disaster for a company and its plan trustees. The plan could lose significant money and the company could face serious legal consequences that could undermine the future success - even the existence - of the company.

We developed this program working with our clients during the past twenty years. We will help you understand your current situation and guide you through the necessary steps to make your plan a compliant plan.
 
NEWS
Friday, May 11, 2012

3 Reasons to Fear 408(b)(2)

Isn’t it funny that within a week of the industry complaining to delay the implementation of 408(b)(2) because of the lack of the much promised FAQ guide on the part of the DOL, the DOL comes out with its much promised FAQ guide? Under the name “Field Assistance Bulletin 2012-02 408(b)(2) FAQ Guide,” this 38-question-and-answer compendium no doubt became an instant bestseller within the hallowed halls of 401(k)-dom. read more

Monday, May 14, 2012

Five Steps to a Better IPS for the 401(k)

For many years, ERISA lawyers argued the merits of creating an investment policy statement for 401(k) plans. read more