On October 22, 2015 the Department of Labor (DOL) issued Interpretive Bulletin (IB) 2015-01 to clarify its views concerning a plan fiduciary’s decision to invest plan assets in “economically targeted investments” (ETIs). ETIs are generally defined as investments that are selected for the collateral social or economic benefits they create, in addition to or apart ... Read More ›
The Department of Labor (DOL) recently released its study entitled Assessing the Quality of Employee Benefit Plan Audits. The DOL examined Form 5500 filings and related audit reports for the 2011 filing year and included a sample of 400 plan audits from a target population of over 80,000 filings. CPA firms were divided into six ... Read More ›
In order to enforce the individual and employer mandates under the Patient Protection and Affordable Care Act (ACA), certain information returns are required to be filed with the Internal Revenue Service (IRS) regarding health coverage offered to full-time employees beginning on January 1, 2015. Because filing season is around the corner, make sure that you ... Read More ›