Retirement Plan Solutions - Fall 2017

Posted on in category Newsletter

Principal’s Letter

Dear Advisor:

Cyberattacks have increased significantly in recent years and the 401(k) industry is not immune. Plan sponsors increasingly face the dual challenge of providing online access to participants’ retirement plans while keeping their information secure. We take a look in this issue at this growing challenge and the proactive steps that can be taken to protect against it.
Today many companies grow their businesses through mergers and acquisitions (M&A). In this issue, we examine what plan sponsors need to consider when it comes to M&A transactions and retirement plans.

Partial plan terminations occur when a plan experiences a significant decrease in the number of participants. Staff layoffs, factory closures and the sale of businesses are all common causes of a reduction in plan participation. However, failing to identify a partial plan termination can result in the disqualification of a qualified retirement plan. We take a look at what you should know when it comes to this issue.

Lastly, we update you on the latest ABG news and review important compliance deadlines in Tax Talk. In terms of news, we are pleased to let you know that one of our licensees, ABG Retirement Plan Services was recently selected as the winner of the 2017 Best-in-Retirement Business IMPACT Award part of Charles Schwab & Co., Inc.’s IMPACT Awards. More great recognition for ABG in terms of being at the forefront of the retirement plan industry for our many clients.

We hope you find this issue informative. As always, your ABG representative is available to answer any questions you may have.


Dennis Davis, SPHR, CEBS, CPC, AIF

Principal, ABG Southwest