Are your 401(k) participant plan loans in compliance with the tax and ERISA rules?
Fiduciary Guidance, Form 5500s, Retirement Plans According to the Tax Exempt and Government Entities Division of the Internal Revenue Service (IRS), one out of every four (25%) of 401(k) plans surveyed in a recent study had engaged in prohibited transactions as a result of non-compliant participant plan loans and/or real estate investments that were not...