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SI Group

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Cross-Testing: The Right Tool for Many Jobs

A well-designed cross-tested plan can be a very effective tool for satisfying a variety of company objectives, but it also comes with a few more moving parts.

Under Control or Out of Control

Before considering how to plan around/take advantage of related group status, the first step is to be sure which companies are/are not “related” based on the rules we have highlighted in this article.

When Good Loans Go Bad

As you can see, the participant loan rules can be challenging even in good economic times. With all of the potential missteps that can occur, it is important to work with knowledgeable service providers that have strong checks and balances designed to properly administer participant loans.

Year-End Compliance Testing Overview

The end of the year is the time to prepare for annual testing and reporting. Complete employee data must be collected in order to accurately perform the required year-end administrative functions and testing to keep the plan in compliance.

Fiduciary Fact or Fiction

Articles that attempt to simplify the complex regulatory framework that applies to plan fiduciaries are written on a regular basis. Marketing materials can make it challenging to understand where "suggested" ends and "obligatory" begins.

The Final Fee Disclosure Regulations Have Arrived

The service provider fee disclosure rules are effective on July 1, 2012. In addition, since the participant-level fee disclosure rules are so closely linked, their effective date has also been pushed back to July 1st.

Participant Fee Disclosure Requirements for Individual Account Plans

Plan sponsors of individual account plans are encouraged to understand and plan ahead for the new reporting and disclosure requirements. Timely reporting and disclosure is necessary to satisfy fiduciary duties under ERISA.
About SI GROUP

Trust. Integrity. Expertise. Those are some of the reasons SI GROUP Certified Pension Consultants is Hawaii's largest third-party administration (TPA) firm for tax-qualified retirement plans. We’ve been in this business for 30 years and we administer approximately 800 profit sharing, 401(k), money purchase, 403(b), Cash Balance and traditional defined benefit pension plans for 18,000 participants. The total value of assets in these plans exceeds $1.3 billion.

Contact Us

SI GROUP Certified Pension Consultants

1299 South Beretania Street
Suite 315
Honolulu, Hawaii 96814

Tel: 808.748.7700
Fax: 808.748.7799