Resources

Legal & Compliance

  • Retirement Plan Administration Best Practices Retirement plan sponsors have a difficult challenge: balancing the desire to offer a valued and valuable retirement plan to their… Date:   Tuesday, October 17, 2017   ·   Source:   HANYS Benefit Services
  • Fiduciary Responsibilities: ERISA Standards of Conduct Act solely in the interest of plan participants — This may seem obvious, but you cannot prioritize your board, president, or local… Date:   Tuesday, September 26, 2017   ·   Source:   HANYS Benefit Services
  • Q2 Retirement Market Recap - Stocks and Bonds Advance Again in the 2nd Quarter As of June 30, 2017 U.S. equities advanced for the seventh consecutive quarter, with the S&P 500 Index gaining 3.09% in the… Date:   Tuesday, August 8, 2017   ·   Source:   HANYS Benefit Services
  • Webinar: Pension Risk Transfer: Why Now? Healthcare finance executives are faced with many challenges. One such challenge is managing the… Date:   Friday, April 21, 2017   ·   Source:   HANYS Benefit Services
  • 2017 Retirement and Employee Benefits Compliance Calendar HANYS Benefit Services wants to help you stay compliant with our  2017 Retirement and Employee Benefits Compliance Calendar . … Date:   Thursday, February 16, 2017   ·   Source:   HANYS Benefit Services
  • Remedial Amendment Period for §403(b) Plans Sponsors of 403(b) plans, both those subject to the Employee Retirement Income Security Act (ERISA) and non-ERISA plans, were required… Date:   Monday, February 6, 2017   ·   Source:   HANYS Benefit Services
  • Key Retirement and Employee Benefits Compliance Reminders for February Due February 28th Paper filing of Form 1099-R to IRS for distributions made in 2016. Section 6055 Reporting - Forms 1094-B and… Date:   Wednesday, February 1, 2017   ·   Source:   HANYS Benefit Services
  • Q4 Retirement Market Recap - Post Election Rally The 2016 U.S. general election was an unusually dramatic event for investors, most of whom were expecting the Democrats to hold the… Date:   Tuesday, January 24, 2017   ·   Source:   HANYS Benefit Services
  • Understanding Your Retirement Plan Fee Methodology Understanding your retirement plan’s fees is not only a good practice; it’s a fiduciary requirement as prescribed by the U.S. Department… Date:   Thursday, January 19, 2017   ·   Source:   HANYS Benefit Services
  • 8 Questions Plan Sponsors Should Ask About Adding a Roth Feature 1. What is a Roth? According to the  2015 PLANSPONSOR Defined Contribution Survey , 62% of all defined contribution plans,… Date:   Monday, November 7, 2016   ·   Source:   HANYS Benefit Services
  • Register for our live webinar: Retirement Plan Law Suits on the Rise A number of prestigious colleges and universities, including… Date:   Monday, October 10, 2016   ·   Source:   HANYS Benefit Services
  • UPDATED REPORT! Report Offers Steps for Building an Optimal Retirement Plan Investment Menu A retirement plan’s overarching goals are to help participants accumulate wealth during their years of employment and to provide them… Date:   Monday, October 3, 2016   ·   Source:   HANYS Benefit Services
  • Understanding Custom vs. Proprietary Target Date Funds Target date funds (TDFs) are characterized as either proprietary or custom. The U.S. Department of Labor encourages plan fiduciaries… Date:   Monday, September 12, 2016   ·   Source:   HANYS Benefit Services
  • Guidelines for Reviewing Target Date Funds In 2013, the U.S. Department of Labor’s Employee Benefits Security Administration issued tips intended to help plan sponsors select… Date:   Tuesday, August 23, 2016   ·   Source:   HANYS Benefit Services
  • Using Target Date Funds as a QDIA The Pension Protection Act of 2006 (PPA) encouraged employers to adopt automatic enrollment features for their participant‐directed plans… Date:   Wednesday, August 10, 2016   ·   Source:   HANYS Benefit Services
  • Fiduciary Checklist for Target Date Fund Decisions As target date funds continue to garner a significant portion of retirement plan assets, it becomes increasingly important for plan… Date:   Wednesday, July 20, 2016   ·   Source:   HANYS Benefit Services
  • Establishing a High Performing Investment Committee for Corporate Retirement Plans Survey participants’ responses in our Retirement Survey Report varied widely as to how often their investment committee met to… Date:   Thursday, January 7, 2016   ·   Source:   HANYS Benefit Services
  • Best Practices for Setting Up An Investment Committee for Corporate Retirement Plans In our 2014 Retirement Survey Report , about 79% of survey participants said they have an investment committee. Given a complex… Date:   Tuesday, December 22, 2015   ·   Source:   HANYS Benefit Services
  • Using an Independent Investment Advisor for Corporate Retirement Plans Best practices underscore the value of using an independent advisor with regard to developing, implementing, and overseeing a… Date:   Thursday, December 10, 2015   ·   Source:   HANYS Benefit Services
  • Reminder Dates for Plan Participant Notices As we approach year end, now is the time to handle the distribution of annual participant notices as required by ERISA. HANYS… Date:   Tuesday, November 17, 2015   ·   Source:   HANYS Benefit Services
  • IRS Releases Plan Contribution Limits for 2016 The Internal Revenue Service (IRS) has recently released the contribution limits on Qualified Retirement Plans for 2016. HANYS… Date:   Monday, November 2, 2015   ·   Source:   HANYS Benefit Services
  • New IRS Resource helps Employers Understand the Health Care Law The new ACA Information Center for Applicable Large Employers page on IRS.gov features information and resources for employers of… Date:   Thursday, September 24, 2015   ·   Source:   HANYS Benefit Services
  • Q2 Retirement Market Recap The 1972 Stealers Wheel song, “Stuck in the Middle with You” comes to mind when you look at the U.S. economy and stock market in the… Date:   Wednesday, August 26, 2015   ·   Source:   HANYS Benefit Services
  • Supreme Court Ruling Highlights Importance of Fiduciary Responsibility The recent U.S. Supreme Court ruling in Tibble vs. Edison has been described as “historic,” “ground-breaking,” and even “revolutionary.”… Date:   Monday, June 22, 2015   ·   Source:   HANYS Benefit Services
  • Department of Labor Announces Changes for Form 5500 for 2014 Although the filing date for Department of Labor Form 5500 – Annual Return/Report for Employee Benefit Plans – is still several months… Date:   Tuesday, January 20, 2015   ·   Source:   HANYS Benefit Services
  • Human Resources Conference - Apr 23 - 24, 2015 REGISTER TODAY HANYS Benefit Services Human Resources Conference Embrace, Engage, Elevate:  Leading High-Performing Talent… Date:   Thursday, January 15, 2015   ·   Source:   HANYS Benefit Services
  • IRS Releases Retirement Plan Contribution Limits for 2015 The Internal Revenue Service (IRS) has recently released the contribution limits on Qualified Retirement Plans for 2015. HANYS… Date:   Monday, October 27, 2014   ·   Source:   HANYS Benefit Services
  • Survey Reveals High Level of Uncertainty Among Plan Administrators HANYS Benefit Services’ 2014 Retirement Plan Survey uncovers significant uncertainty among employers about retirement plan… Date:   Friday, October 24, 2014   ·   Source:   HANYS Benefit Services
  • Automatic Features in Defined Contribution Plans According to the 2014 Retirement Plan Survey conducted by HANYS Benefit Services, approximately one-half of the responding retirement… Date:   Wednesday, October 22, 2014   ·   Source:   HANYS Benefit Services
  • The Perils of a Non-ERISA 403(b) Plan Non-ERISA 403(b) plans seem to be dropping in popularity among non-profit organizations. Given regulatory guidelines that can be… Date:   Tuesday, September 2, 2014   ·   Source:   HANYS Benefit Services
  • Roles and Responsibilities Refresher for the Prudent Plan Fiduciary Fiduciaries of defined contribution retirement plans are under closer scrutiny than ever before. Plan participants are filing lawsuits,… Date:   Monday, August 25, 2014   ·   Source:   HANYS Benefit Services
  • IRS Issues Guidance on Windsor Decision for Qualified Retirement Plans On April 4, 2014, the IRS issued  Notice 2014-19  which provides additional guidance on how qualified retirement plans… Date:   Tuesday, June 17, 2014   ·   Source:   HANYS Benefit Services
  • 2014 Retirement Plan Compliance Calendar HANYS Benefit Services wants to help you stay compliant in 2014 with our  2014 Compliance Calendar . Compliance is just one of… Date:   Thursday, June 12, 2014   ·   Source:   HANYS Benefit Services
  • IRS Releases Retirement Plan Contribution Limits for 2014 The Internal Revenue Service (IRS) has recently released the contribution limits on Qualified Retirement Plans for 2014. HANYS… Date:   Friday, November 8, 2013   ·   Source:   HANYS Benefit Services
  • IRS Initiates Compliance Check of 457(b) Top Hat Plans Earlier this year, the Internal Revenue Service (IRS) announced that its Employee Plans Compliance Unit (EPCU) would begin a … Date:   Monday, October 28, 2013   ·   Source:   HANYS Benefit Services
  • Target Date Retirement Funds - TIPS for ERISA Plan Fiduciaries The Plan Sponsor Council of America (PSCA) recently released the 2013 403(b) Plan Survey. The survey showed that 73.6% of plans offer… Date:   Monday, September 23, 2013   ·   Source:   HANYS Benefit Services