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Winter 2011, Volume 5/Issue 4
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Now that 2012 is here, it seems appropriate to address goals for the upcoming year as it relates to your company's 401(k) Plan. Juhl Stoesz, TSC ERISA Associate Counsel, posted ....Read More |
Form 5500, Employer Contribution Deposit, ADP/ACP Excess, 402(g) Limit Corrections. IRS Limits have changed for 2012. Read More |
Year-End Request Packages
Every qualified retirement plan must pass annual ERISA mandated compliance tests and file Form 5500 in order to maintain the qualified status of a plan. TSC sends out a Year End Request Package (YERP) annually to our clients to obtain the information necessary...... Read More |
What happens when a company changes the person responsible to administer the retirement plan in their office?
When a company changes the contact person for the retirement plan, they should notify their TSC Retirement Plan Administrator immediately. Many items need to be updated, including notification to the funding company. TSC can assist the new contact ..... Read More |
The Internal Revenue Service requires that sponsors of qualified retirement plans report terminated participants that have a vested balance in a qualified plan or have previously been reported and subsequently been paid in full. Form 8955-SSA is used .... Read More
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Eligible Compensation
As the time of year for annual reporting fast approaches, we offer a refresher on what compensation should be reported to TSC on the census request.
As a general rule, the compensation used to calculate ..... Read More |
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TSC/PCS Payroll Integration
A professionally-bundled collaboration brings out the best of payroll services and retirement plan administration services. TSC and Payroll Control Systems (PCS) are committed to bringing best of class services to each with the advantage of a bundled model. We have..... Read More |
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Andrea Gelhar, ERPA
Plan Document and Compliance Specialist/Legal Assistant
This past summer was a whirlwind of change! My husband, Mike, and I moved across the country from Peoria, Arizona to Prior Lake, Minnesota. Originally from here, we found comfort being near our ... Read More |
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Partners in Pediatrics, LTD
Partners in Pediatrics, LTD is a private medical practice that provides health care services to over 100,000 babies, children and adolescents in Minneapolis and the Northwest suburbs. We search for innovative ways to ..... Read More |
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Company X has a calendar year plan with the following eligibility requirements: Age 21 and 12 months of service. The plan's entry dates are the 1st of the month coinciding with or following completion of eligibility requirements. The plan document states Date of Entry (DOE) compensation applies. Read More |
