Form 5500 is used by employers or pension or welfare benefit plan administrators to satisfy annual reporting requirements under ERISA and the Internal Revenue Code. The form requires information about the qualification of the plan, its financial condition, investments and operations. And if it’s not filed on time, the fines can add up: The IRS

In the last month of 2018, Complete Payroll Solutions was very happy to add four new members to our team: Jonathan Spring, Client Relations Specialist: Jonathan joined Complete Payroll Solutions as a client relations specialist, working collaboratively with organizations to assist them with payroll processing and related issues. Previously, he worked in the retirement plan administration

Flexible Spending Accounts (FSAs) can be a valuable way for employees to set aside pre-tax dollars to pay for certain out-of-pocket healthcare expenses. But unlike Health Savings Accounts (HSAs), the unused funds generally don’t roll over from year to year unless your plan’s design allows for a carryover of up to $500. To help your

It’s never too early for young employees to start saving for retirement. But rising healthcare costs, inflation, and increased longevity can make it challenging to know just what an individual will require to retire comfortably. Employers can help younger workers prepare for retirement planning through employer-sponsored plans such as 401(k)s and  Health Savings Accounts (HSAs).