Like any employer benefit, retirement plans require periodic review and maintenance. If nothing else, the entrance and exit of participants (especially around the plan enrollment date) requires a constant degree of attention.

Furthermore, a well-executed plan requires regular administration to keep the plan in compliance with government rules and regulations. IRS regulations are often very technical; that's why it's important to have a knowledgeable company backing you up. Not only will it save time and aggravation, but it can also save the cost of significant financial penalties for non-compliance.

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