Defining Retirement Plan Compensation – Getting it Right
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By Kate Blake
Reporting plan compensation right is integral to plan success. Compensation is the basis for determining contribution allocations, compliance testing as well as employee status. It is also one of the top sources of plan errors that can have long term, expensive consequences. The start of the new year is an ideal time to learn more about best practices in compensation reporting to improve your plan’s outcomes.
Author
Kate Blake
Based in New York, Kate works with clients throughout the country, helping them develop effective plan designs, manage plan level modifications, and build employee awareness and appreciation for retirement programs.