Secretary searching files in the filing cabinet

Required Electronic Filing of Top-Hat Submissions

Fulcrum Partners Deferred Compensation News

Fulcrum Partners is sharing this reminder from the team at IslerDare PC regarding the electronic filing of top-hat submissions. The August 2019 issue of Employees Benefits Update includes the following information: “Top-hat plans, which are unfunded plans that allow a select group of highly-compensated employees to defer compensation, must file a letter with the Department of Labor within 120 days …

NQDC Plan Compliance with ERISA

For an NQDC Plan, Being Subject to ERISA May Be A Good Thing

Fulcrum Partners Deferred Compensation News

This Sixth Circuit Court of Appeals decision involving a nonqualified deferred compensation plan (NQDC) shows why it can be important for a nonqual plan to comply with Internal Revenue Code Section 409A compliance and the Employee Retirement Income Security Act of 1974 (ERISA) claims procedures. Fulcrum Partners shares these important insights from attorneys Greg Daugherty and Dave Tumen of Porter Wright, first …

Fulcrum Partners Friday Deferred Compensation News Wrap Up

Fulcrum Partners Friday Deferred Compensation News Wrap Up

Fulcrum Partners Deferred Compensation News

In case you missed it (#ICYMI), here are a few of the most-read recent posts on Deferred Compensation News and Updates: Filing VCPs Electronically As of April 1, 2019, all Voluntary Correction Program (VCP) submissions are to be made electronically via www.pay.gov. In January 2019, Form 8950 was updated to reflect the new electronic filing procedures. #ReadMore: IRS Updates Determination Letter Program …

EPCRS isler-dare-irs-updates-09-2019

IRS Updates Determination Letter Program and Revises Correction Procedures Under EPCRS

Fulcrum Partners Deferred Compensation News, Executive Benefits News

Isler Dare Employee Benefits Update Re: IRS Updates Determination Letter Program and Revises Correction Procedures Under Employee Plans Compliance Resolution System (EPCRS) This employee benefits update (first published May 2019)  is provided courtesy of Isler Dare PC (www.islerdare.com) and was written by Andrea I. O’Brien, Vi D. Nguyen, Jeanne Floyd, and Ashley F. Hedge. Recent Legal Developments for Employee Benefit …

Institutional Investors and Stakeholders Helping Drive Gender Parity on Corporate Boards

Institutional Investors and Stakeholders Helping Drive Gender Parity on Corporate Boards

Fulcrum Partners Deferred Compensation News, Executive Benefits News

Every company in the S&P 500 now has a woman on its board of directors. In July, Diane Morefield executive vice president and chief financial officer of real estate investment trust, CyrusOne joined the board of the Dallas-based, online car auction site, Copart. According to Equilar, a research firm that analyzes companies’ boards, women now make up 27% of all board …

NQDC for Financial Advisors

NQDC for Financial Advisors Presentation Replay

Fulcrum Partners Deferred Compensation News

Did you miss Fulcrum Partners Managing Director Phil Currie’s presentation on NQDC for Financial Advisors? Here’s our press release about the event to tell you more, plus a link to the slides used in last week’s webinar: Press Release: Fulcrum Partners Managing Director Phil Currie Presenting on Nonqualified Deferred Compensation Slides: NQDC for Financial Advisors Slides Note: This was the …

FAQs for Plan Sponsors Deferred Compensation

6 FAQs for Plan Sponsors #ICYMI from Fulcrum Partners

Fulcrum Partners Deferred Compensation News

6 FAQs for Plan Sponsors previously published 6.17.2019 Download as a PDF Question: Why do employers, as plan sponsors, offer deferred compensation plans? of employers offer deferred compensation plans in order to create a competitive benefits package of employers want to help plan participants save for retirement beyond the limits of qualified plans of employers believe a deferred comp plan helps …

401k Excess Solution

ICYMI: The 401(k) Excess Contribution Solution

Fulcrum Partners Deferred Compensation News

In case you missed it (#ICYMI), we’re republishing one of the most-read updates we’ve shared this year on Deferred Compensation News and Updates. Download report as a PDF Offsetting the 401(k) Refund To help ensure that a 401(k) plan does not favor business owners or other highly compensated employees (HCEs), plan sponsors are required to perform specific nondiscrimination tests. The …

Feet and claws the white-tailed eagle

Two Compensation Clawback Battles Heating Up

Fulcrum Partners Deferred Compensation News

We are always pleased to share the insights of Attorney Michael Melbinger, Winston & Strawn LLP. The following commentary was published on June 20, 2019, on the Executive Compensation Blog and is highly informative but does not constitute legal advice. The executive benefits consulting professionals at Fulcrum Partners advise you to always consult your own tax, legal, and accounting advisers. …

The 401k Excess Contribution Solution | Offsetting the 401(k) Refund

Offsetting the 401(k) Refund with a Nonqualified Deferred Compensation Plan

Fulcrum Partners Deferred Compensation News

Download report as a PDF The 401(k) Excess Contribution Solution To help ensure that a 401(k) plan does not favor business owners or other highly compensated employees (HCEs), plan sponsors are required to perform specific nondiscrimination tests. The Actual Deferral Percentage test (ADP) is used to help determine a 401(k) plan’s deferral limits. IRC Section 401(k)(3)(A)(ii) established the ADP test …