Dwc401k.com

DWC The 401(k) Experts

WebJoin the 401k Experts. We offer a competitive compensation package based on experience, as well as a 401(k) profit sharing plan, health, life. and long-term disability insurance. …

Actived: 4 days ago

URL: https://www.dwc401k.com/

Retirement Plan Design 101 DWC

WebRetirement Plan Design. Whether you are starting a new plan or reviewing your current plan design, the key to success is access to knowledge for selecting the best plan. Designing …

Category:  Health Go Health

Who Are Highly Compensated and Key Employees

WebOfficer test: An individual is a key employee if he or she is an officer of the company sponsoring the plan and receives actual compensation for the year of $185,000 or more …

Category:  Health Go Health

401(k) vs. 403(b): The Differences DWC

WebThe short answer is that there is no definitive answer as to whether the 401 (k) or the 403 (b) outshines the other. It really depends on the how the plan will be used. The limitations on …

Category:  Health Go Health

How to Locate Lost or Missing 401(k) Plan Participants

WebThe Department of Labor spells out four steps that plan sponsors should take to try to locate missing participants: Certified Mail: Send a certified letter to the participant’s last known …

Category:  Health Go Health

Mandatory Plan Document Amendments & Restatements

WebAmendments may still be required in between these mandatory restatements. Regardless of the type of plan/plan document or the service-providers involved, plan sponsors are …

Category:  Health Go Health

Multiple Employer Plans: Breaking Down the Regulations DWC

WebMeet the MEPs: Breaking Down the Regulations. Multiple employer plans have a long and convoluted past (one that began well before the infamous DOL Advisory Opinion 2012 …

Category:  Health Go Health

Retirement Plan Loans: 20 Questions DWC

WebFast forward to December 1 st, and Cooper realizes he needs some additional cash and probably shouldn’t have been so quick to repay his plan loan. The maximum he is able to …

Category:  Health Go Health

Record Retention: How Long Is Enough DWC

WebUsing the same assumptions described above, records to support all data on the 2011 Form 5500 must be retained until October 15, 2018 - 7 years and 9 ½ months from the start of …

Category:  Health Go Health

Hardship Distribution FAQs DWC

WebIn addition, the amount of the withdrawal is subject to an early withdrawal penalty equal to 10% if the participant is under the age of 59 ½. Hardship withdrawals are not eligible to …

Category:  Health Go Health

Delinquent Deposits of Employee Deferrals

WebIt requires four inputs for each late deposit: Principal: the total amount of the late deposit, i.e. the sum of the deferrals and loan payments. Loss Date: the date the deposit should have …

Category:  Health Go Health

Fidelity Bonds Definition and Requirements DWC

WebThe minimum required coverage is the greater of $1,000 or 10% of plan assets. For this purpose, plan assets are measured as of the first day of the Plan year. The maximum …

Category:  Health Go Health

What Compensation Should We Use to Calculate Company …

WebFacts. Our company has a safe harbor 401 (k) plan. In addition to employees making deferrals, we make a company contribution equal to 3% of each person’s compensation. …

Category:  Health Go Health

Related Companies Controlled Group FAQs DWC

WebAdding the two together, they have identical ownership of 70%. Since there is common ownership of at least 80% and identical ownership of more than 50%, Bedrock and …

Category:  Health Go Health

What Are The Different Types of 401(k) Contributions And How Do …

WebSalary Deferrals. These are the 401 (k) contributions that come out of employee paychecks. They may also be called elective deferrals, and they can be made as either pre-tax (a/k/a …

Category:  Health Go Health

Form 5500 FAQs DWC

WebYes. As a general rule, the requirement to file a Form 5500 is driven by the Employee Retirement Income Security Act of 1974 (ERISA), which is one of the primary laws that …

Category:  Health Go Health

What is the Form 8955-SSA and What Does It Do

WebAnswer. To help put this particular form in context, the “SSA” stands for Social Security Administration, and the purpose of the form is to reunite retiring participants with old …

Category:  Health Go Health

Attribution of Ownership FAQ DWC

WebThe 318 rules always require attribution between parents and children, regardless of age. Under 1563, on the other hand, attribution between parents and children over the age of …

Category:  Health Go Health

Do the Rules About Related Companies Apply to Non-Profits with …

WebThe short answer is that the rules about related companies do apply to non-profit organizations even though they do not have ownership. How the rules work in those …

Category:  Health Go Health