General News
ALERT! IRS Mails Compliance Questionnaires

The IRS will be mailing Questionnaires to 1200 randomly selected Plan Sponsors.  According to the IRS, you will have 90 days to reply and failure to reply may result in penalties.

Given the comprehensive nature of the Questionnaire, please contact your plan consultatnt as soon as possible to ensure that the Questionnaire can be timely and accurately completed.17_uncle_sam

http://www.irs.gov/pub/irs-tege/se0510.pdf

 
Contacting Congress Concerning Your Retirement Plan

Congress continues to consider proposals that will threaten your current retirement plan design making it harder for you to offer retirement benefits to your employees. We need your help to send a strong message to Congress to stop misguided proposals. Given this tough economy, now is not the time for Congress to make it more difficult for you to provide retirement benefits to your employees.

We have made it easy for you. Please go to the link below and in a matter of seconds you can get the word out to your member of Congress that they should NOT pass any proposal negatively affecting your retirement plan. Please feel free to get your employees involved since their benefits are threatened as well.

http://www.asppa.org/sp/CapWiz-Pages/Contact-Congress.aspx

Link provided by ASPPA (American Society of Pension Professionals & Actuaries)

 
Department of Labor Regulations on 401(k) Deposits

On January 14, 2010, the Department of Labor issued final regulations for the timely deposit of employee 401(k) contributions and loan repayments.  This ruling now requires plan sponsors with fewer than 100 eligible participants to deposit employee 401(k) contributions and loan repayments to their plan no later than the seventh business day following the payroll date.    

The DOL's ruling does not extend to plans with more than 100 eligible participants, but RPA recommends that all plan sponsors comply with the new ruling.

Please contact your RPA plan administrator if you have any questions regarding the Department of Labor's seven business day safe harbor rule.

 
Introducing the RPA Help Center

This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Retirement Plan Adminstrators is ready to assist you with the filing of the Electronic Form 5500.
Due to all the technological changes in the pension industry, we would like to introduce you to our new service:
Help Center:  (404) 531-8298 | This e-mail address is being protected from spambots. You need JavaScript enabled to view it

The Help Center is designed to assist with technological questions. Plan related questions should still be addressed to your Plan Consultant.  For your convenience a staff directory may be found under the Contact Us Tab.

 
Summary Plan Descriptions (SPD)

A copy of the Summary Plan Description should be given to all employees as they become eligible to participate in the retirement plan.

Please contact your RPA Pension Consultant if you need a copy of the SPD.