The IRS may have made the murky world of retirement plan compliance a bit easier for sponsors to manage. 

The agency has put together a quick reference tool sponsors can use to better grasp basic reporting and disclosure requirements under the Internal Revenue Code and the Employee Retirement Income Security Act. 

The 12-page document provides a breakdown of all the forms and filings associated with plans, what their purpose is, which sponsors are expected to file them, to which regulatory body they must be filed, and what the approximate penalty is if the forms aren't filed. 

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.