You’ve taken the time to establish a retirement plan for your business. That puts you ahead of the vast majority of small business owners.
The Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code (IRC) each set forth specific requirements for employers to follow when administering and maintaining their employer-sponsored retirement plans.
One way to navigate the multitude of laws and regulations is to employ a quality Third Party Administrator to assist you with compliance.
Below are links to education materials on just a few of the issues that face plan sponsors.