In the latest edition of its highly influential series, Facing the Forces of Change, The National Association of Wholesaler-Distributors (NAW) discusses many of the disruptions facing those in the Wholesale and Distribution industries. In a prior post, we took a macro-level view of the whole study. Here, we will
At a recent Roundtable, hosted by Barnes Dennig, USI Insurance and Custom Design Benefits, local manufacturers gathered to discuss compensation and benefits, the future of manufacturing in the region, and some of the greatest challenges facing similar companies in today’s market. Jillian Fisher, a FastWorks Team Lead from GE Aviation
In the latest edition of the highly influential series, Facing the Forces of Change, The National Association of Wholesaler-Distributors (NAW) discusses various disruptions facing those in the Wholesale and Distribution industries. In a prior post, we took a macro-level view of the whole study. Here, we will take a
As the employee benefit plan audit season gets underway and the Form 5500 due date to the Department of Labor approaches, plan sponsors should take this time to examine the company’s employee benefit plan operations and related fraud risks. Most plan sponsors rely on a third party administrator to handle
The IRS has modified its practice for the review of the design of employee benefit plans, such as 401(k) plans. This practice culminates with its issuance of a determination letter, which provides assurance to the plan administrator that a plan is setup to meet current requirements. Effective January 1,
At the AICPA’s National Employee Benefit Plan Conference in early May, Michael Auerbach, Acting Chief Accountant within the Employee Benefits Security Administration of the Department of Labor (DOL), presented the department’s findings that audit quality remains poor within the Employee Benefit Plan (EBP) area. The department noted an audit