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How to obtain your EFAST2 filing signer credentials: The Department of Labor’s EFAST2 Form 5500 filing program The EFAST2 electronic filing requirements for Form 5500 require that you sign the Form 5500 electronically. The Department of Labor (DO...
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The IRS requires that retirement plans perform annual non-discrimination tests to ensure that the benefits from a company’s 401(k) plan are widely shared. This is done to make sure that the retirement plan doesn’t disproportionately favor employees ...
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This information is provided in your Plan Documents. If Sentinel provides these documents for you, you can obtain a copy of your Summary Plan Description (SPD) from the reporting section in your plan sponsor web account. Access it by choosing "Sta...
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View our tutorial to learn more about submitting contribution files through our Plan Sponsor website.
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Why are hours and compensation needed on a per pay period basis? The compensation and hours information is important for recordkeeping purposes for vesting, distributions, compliance testing and determining eligibility. Current Hours: Current...
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Review our Sponsor Report Access Guide to learn how to access, create and view reports from your company's online retirement account.
For additional information and guidance in regards to available reports, the below refer...
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Review our Plan Sponsor Website Navigation Guide to learn how to get the most from your company's online retirement account.
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Sentinel can play a vital role in making sure your company’s merger, acquisition or divestiture activity doesn’t lead to unintended consequences for your retirement plan. It’s important to let your Plan Consultant know as soon as possible when you’...
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Created On: 10/16/2018
in COBRA General Information COBRA requires that “each” qualified beneficiary be entitled to elect COBRA coverage. If there is a choice among types of coverage under the plan, each qualified beneficiary is entitled to make a separate election among the different types at open e...
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Created On: 10/16/2018
in COBRA General Information The statute requires the “group health plan” to provide notice. The definition of group health plan, however, does not identify any particular party. Most commentators have assumed that the plan administrator has the obligation to provide the initia...