U.S. Department of Labor Issues Long Awaited Guidance on PEO Form 5500 Filings On July 24, the Department of Labor (DOL) Employee Benefits Security Administration (EBSA) issued a “Field Assistance Bulletin” that provides both guidance and relief on PEO Form 5500 filings. The Bulletin states the following: DOL is not going to penalize any
The Department of Labor's just released recovery monies for 2019 showed a 162% increase from 2018 ($2.6 v $2.1 billion), and a 236% increase from 2017 ($2.6 v $1.1 billion). Why, and what does this mean for you? We’ve had discussions with our D.O.L. sources and couldn’t get anything on record, but safe to
ERISA INSIDER VOL. I, ED. III: Are You Making These Prohibited Transactions Under ERISA? Understanding how to avoid “Prohibited Transactions” under ERISA can save your organization from DOL violations, fines & penalties for being out of compliance. Dear Employer, One of the biggest mistakes we see Fiduciaries make is engaging in “Prohibited Transactions” under