DOL Cybersecurity Guidance: Thoughts for Plan Sponsors

In April 2021, the Department of Labor (DOL) issued cybersecurity guidance that illustrates its expectations for how plan sponsors are to protect the information they maintain for participants in their benefit plans. Although the guidance is geared toward employer retirement plans, it applies to all plan sponsors and fiduciaries regulated by ERISA. The guidance is separated into … Continued

Monitor Hours-of-Service, Don’t Aggressively Manage or Cut Them

HR departments for large employers all across the country are focused once again on getting out their 1095-Cs.  This process brings to light for many the need to monitor employees’ hours-of-service.  Because of certain Affordable Care Act (ACA) provisions large employers want to make certain employees working 30 or more hours per week are offered … Continued