Taking 40 years of pension administration experience, Barbara Klein has written the 401(k) and 403(b) Essentials book series to educate and guide the individuals tasked with the daily oversight and administration of a retirement plan.  Each book is thorough, easy to read and contains practical explanations of how things work.  It is also a must read for fiduciaries.

401(k) Essentials For The HR Professional

While dedicated to the HR professional, this book is written for anyone who oversees or is tasked with the management of a 401(k) plan at the employer's office.  Written in a clear and understandable manner, this book simplifies the complexities of 401(k) plan operations.  It provides the details needed to become familiar with the terminology, operations, deadlines, processes, files, and much more. 

Although you hire outside professionals to administer your plan, the hardest part of being tasked with the administration of a 401(k) plan is understanding what exactly are the essential rules, roles and responsibilities of operating the plan. Often you are put in a position of being reactive to the many tasks, deadlines, and procedures required to ensure plan compliance with the Internal Revenue Service and the Department of Labor.

401(k) Essentials For The Payroll Professional

According to the IRS, 2 out of 3 compliance errors in 401(k) plans are committed within the payroll process. The reason is simple. The payroll department is often overlooked in receiving the training and tools necessary for managing this complex area.

The book is a comprehensive guide with practical tools and training to manage and prevent complex 401(k) administration mistakes that can lead to IRS audits.  While written for the perspective of the payroll department, it is a valuable resource for anyone tasked with administering their company’s 401(k) plan, including HR professionals, business owners, trustees and 401(k) fiduciaries.  It contains easy to understand and ready to deploy practical tips and guidance regarding the internal payroll administration of a company’s 401(k) plan.

Many 403(b) plan sponsors are unaware of the nuances that impact their 403(b) plan. Simply including employer funded contributions such as a match or pension contribution, automatically subjects the plan to ERISA and its reporting and operational requirements with few exceptions.  403(b) plans subject to ERISA operational requirements are not as simple as they seem.

The content of this book provides a better understanding of the administration, compliance and government reporting requirements applicable to a 403(b) plan by imparting the basic knowledge needed to conduct the operational aspects of the plan.  You will find insight into the terminology used, basic plan operations, on-going deadlines, calculations, processes, documentation, compliance requirements, Form 5500 and much more including worksheets, checklists, forms, calendars and operational tips. 

403(b) Essentials For The ERISA Plan
401(k) and 403(b) Essentials Collection

Plan advisors, TPAs, service providers, HR organizations, insurance agents, investment brokers, CPAs, attorneys and more need this collection.  These books are written for anyone who oversees, advises or is tasked with the management of a 401(k) or 403(b) pension plan.  Written in a clear and understandable manner, these books simplify the complexities of pension plan operations.  Purchase together to ensure you have the complete set.

7 Must Haves Before An IRS 401(k) Audit

The potential for an IRS audit on your 401(k) plan is something that every company faces.  This essential booklet provides the information needed to prepare for this inevitable event.  Simply follow these tips ahead of time.  Your records will be up-to-date.  Data will be easily accessible.  And, you will help minimize the monetary cost and the time needed to prepare for an audit.

By following these guidelines you will demonstrate to the IRS that you are prepared, organized and in compliance.  It will make for an easier and friendlier audit with a successful outcome.