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Considerations When Establishing a New 401(k) Plan or Migrating to a New 401(k) Provider | Fenwick & West LLP
Establishing a new 401(k) plan or migrating to a new 401(k) provider is a complex process involving multiple stakeholders. Companies should expect up to four months between the.
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Compensation committee from liability
Trained professionals as trustees
Plan compensation
Plan loans
Annuity payments
Automatically roll small balances
Appoint trained professionals
Investment advisors
Independent auditor
Nondiscrimination testing
Benefit amounts
Top heavy test
Regarding alternative retirement plans
Simplified employee pension
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