Risk
Ensure Your 401(k) Plan Complies With Legal Requirements: Construction Business Owners Must Be Diligent Amid Increased Plan Scrutiny
Ensuring 401(k) plans are in compliance with legal requirements is tough in high-turnover industries like construction. ERISA and the IRC have specific requirements that plan sponsors must follow, and the current regulatory environment has led to increased scrutiny of plan practices.
By John J. Higgins
January 13, 2017
Topics
Risk
by John J. Higgins
John J. Higgins, CFP, AIF, CFS, is managing partner at Patterson Smith Associates, LLC, and a retirement plan consultant with Commonwealth. He has more than 20 years of experience in the financial services industry.
Related stories
Risk
Your Crisis Communication Guide: Anticipating Construction Plans to Hit Unexpected Obstacles
By Anne Lackey
The time for crisis planning is during quiet moments when clear thinking can help build a framework for handling whatever challenges arise.
Risk
Builder’s Risk: Three Blind Spots Impacting Your Project’s Success
By Dennis Tsonis
While construction insurance is costly, underinsuring may prove more so in the long run.
Risk
Three Common Causes of Electrocution on Construction Sites and How to Avoid Them
By Randy Dombrowski
Electricity is an unavoidable presence on every construction site—but electrocution doesn’t have to be. Here’s how to keep crews safe.