Scheduling
Time & Attendance
Forecasting
HRIS
Payroll
Task Management
Performance Management
Employee Engagement
Benefits
By Staff Report
May. 19, 2010
The Internal Revenue Service soon will be sending out questionnaires to about 1,200 sponsors of 401(k) plans as part of a project to provide the agency with information on a wide range of issues.
Among the 69 questions the IRS is asking are:
The IRS says it is conducting the survey to “determine potential compliance issues” as well as to help it decide where to focus enforcement efforts.
A previous IRS study found that 401(k) plans are the “most non-compliant plan type in the retirement plan universe.” Since 401(k) plans have become the dominant employment-based retirement plan, “it is important to the future of the private retirement system these plans maintain the highest level of compliance possible,” the IRS said in a preface to the questionnaire.
Filed by Jerry Geisel of Business Insurance, a sister publication of Workforce Management. To comment, e-mail editors@workforce.com.
Stay informed and connected. Get human resources news and HR features via Workforce Management’s Twitter feed or RSS feeds for mobile devices and news readers.
Schedule, engage, and pay your staff in one system with Workforce.com.
Staffing Management
4 proven steps for tackling employee absenteeismabsence management, Employee scheduling software, predictive scheduling, shift bid, shift swapping
Time and Attendance
8 ways to reduce overtime and labor costslabor costs, overtime, scheduling, time tracking, work hours
Don't miss out on the latest tactics and insights at the forefront of HR.