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E x h i b i t s │ Pa g e 57
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Topics include the Benefits of Financial Wellness, Living Within Your Means,
FICO Scores and Debt, Spending and Saving, Retirement Investment
Strategies, and Protecting Your Assets
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Optional activities included with each session
Consult with plan sponsor on marketing plan, use of incentives, and program implementation
Provide templates for program announcement and overview of series/optional activities
Provide periodic email communication templates to plan sponsor for distribution of webinar links to
participants encouraging them to view webinars
Provide attendance tracking for recorded webinars
k.
Operational Compliance Assessment
Comprehensive analysis of the six most common compliance issues experienced by 403(b) Plan
Sponsors:
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Evaluate whether all compensation components are flowing through payroll correctly under
the terms of the plan and complex Internal Revenue Code rules
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Determine if all employees who must be offered the plan are being given the opportunity to
participate and have been provided with the proper notices
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Determine if any Committee members sit on the Committee of another organization and any
conflicts of interest that may arise
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Assess if new (and/or rehired) employees entering the plan are doing so in accordance with
the plan document and IRS regulations
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Ensure that the contributions made by the organization meet the nondiscrimination
requirements and have been calculated correctly
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Evaluate whether the plan document has been updated as required by law and that a
complete and accurate form 5500 is being filed timely
l.
CBIZ Fiduciary Governance Solutions
Provide fiduciary training program to Retirement Plan Committee, topics include:
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An overview of fiduciary responsibility
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Establishing a prudent process
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Common pitfalls and conflicts of interest
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Investing 101
Provide Plan Sponsor with proactive reminders of the following compliance deadlines:
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Annual census deadline
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Testing refund deadlines
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Form 5500 and extension deadlines
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SAR distribution deadline (mailing to all employees is available through CBIZ)
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Excise tax deadline
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70 ½ distributions
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Forfeitures
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Employer contribution deadlines
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Automatic enrollment annual notice
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Summary Plan Description\SMM mailing
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Plan Limit Updates
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QDIA Notice Reminder