The Joseph Group

Plan Sponsor Insights

  • A Few of Our Favorite Things…

    March 8, 2023

      By now, I’m guessing that most people reading this have heard that the Secure Act 2.0 was passed by Congress and signed into law late last year. The second iteration of the Secure Act was crafted with the intention of increasing employee retirement savings while also expanding access to company retirement savings plans. With […]

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  • Plan Sponsor Attitudes

    September 26, 2022

    When we are reviewing a company’s retirement plan, especially in times like today, a common question that comes up is “What are other companies doing with their plan.” It’s instinctual to wonder what’s happening with other companies in your peer group and have an interest in how they address various aspects of their retirement plan. […]

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  • Annual Due Diligence

    June 29, 2022

    As a plan sponsor, one of the most important things you can do each year is sit down and review the retirement plan. You may be asking yourself “why?” or perhaps the plan tends to be out of sight, out of mind so you feel like everything is running smoothly. It’s certainly possible that the […]

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  • Profit Sharing

    February 16, 2022

      Welcome to the New Year! It’s been a crazy first month for a multitude of reasons. While the kickoff has been a bumpy ride so far, there are many reasons to be hopeful and I hope you and your business see that hope to fruition. A question we are often asked is what more […]

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  • A Plan Sponsor Year End Checklist

    November 18, 2021

        I’m sure many of us were hopeful that 2021 would be a better year and in many ways our hopes came to fruition. While we didn’t quite get back to business as usual, business owners and plan sponsors weren’t thrown a curveball like the CARES Act so far this year. In most cases, […]

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  • What To Do When Providers Change?

    September 1, 2021

      A 401(k) plan has three key providers. The first is the recordkeeper, who’s primary responsibility is to track the assets in the plan so that employees and plan sponsors know what they have in the plan. Recordkeepers typically provide websites for participants and sponsors to view balance information, provide account statements and process distribution […]

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  • Third Party Insights: Interview with Brigette Lafferty, QPA, QKA

    June 22, 2021

    At The Joseph Group, we are blessed to have so many great outside partners who deliver on the promise of great service and execution. One of these partners is Brigette Lafferty, a Retirement Plan Administrator with Rea & Associates. Brigette has over 14 years of experience in this industry and as a grizzled veteran of […]

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  • Protect Your Deferrals; Prevent Refunds

    April 28, 2021

    Business owners agree that having a robust benefits package is critical to attracting and retaining top talent. Included in that package is a retirement plan, typically a 401(k) plan, with some type of employer contribution to give employee savings a boost. But what happens when employees aren’t taking care of their end of the bargain […]

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  • Cash Balance Plans

    February 18, 2021

      Well, we’re here. It’s 2021 and we are starting to see the light at the end of the COVID tunnel. As vaccines are ramping up there is a general sense of “the end is now in sight” for much of our country’s most at risk population. I hope you are feeling as optimistic as […]

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  • Plan Sponsors: Six Things to Do to Prepare for 2021

    October 28, 2020

    If you’re reading this, you’ve made it to October in one of the wildest years on record. I know it’s hard to imagine but we are just over 2 months away from a fresh start in 2021. I know this year has been particularly complicated for business owners and executives and I hope everyone has […]

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