Tag Archives: 401(k) plans

Adding Value to Your Organization: Benefits Best Practices to Avoid Common Mistakes

In a recent webinar, Jake Mattinson and Sarah Raaii discussed the practices that benefits professionals can adopt to add value to their organizations and avoid common mistakes.  Jake and Sarah discussed recommended practices for ERISA benefit claims and inquiries, how to review plan compensation definitions and payroll codes, best practices for corrections using the Voluntary … Continue Reading

Join McDermott Partners at the 2013 ERISA Basics National Institute

Please join McDermott partners, Diane Morgenthaler and Jamie Weyeneth, on October 16-18 at the 2013 ERISA Basics National Institute in Chicago, IL.  Designed for in-house and union counsel, benefits specialists, private practitioners, litigators, consultants and accountants, this conference provides an opportunity to hear from the ERISA experts.  For more information, click here. 2013 ERISA Basics … Continue Reading

New Guidance From the Department of Labor Clarifies Participant Disclosure Requirements

by Maureen O’Brien and Karen Simonsen.  In October 2010, the U.S. Department of Labor (DOL) issued final regulations requiring plan administrators to disclose certain plan and investment-related information, including fee and expense information, to participants and beneficiaries in 401(k) plans and other participant-directed individual account plans.  In February 2012, the DOL issued final regulations under … Continue Reading