TaLk To Us




DOL Releases Additional Guidance Regarding the Fiduciary Rule

Friday, May  26,  2017

As part of our commitment to ensuring that our clients are kept up to date on the changes to applicable laws, the Department of Labor (DOL) has released additional guidance regarding the Fiduciary Rule. In our recent blog post, we discussed the applicability date of the Fiduciary Rule being delayed from April 10th to June … Continue reading

The CHOICE Act and its Impact on the Fiduciary Rule & Dodd-Frank

Tuesday, May  9,  2017

Late last week, the House Financial Services Committee approved the CHOICE Act for consideration by the full House of Representatives. The CHOICE Act is likely the first step towards Congressional repeal of the Department of Labor’s fiduciary rule. In addition to undoing or potentially replacing the Dodd-Frank Wall Street reform regulations adopted after the 2008 … Continue reading

DOL Delays Applicability Date of the Fiduciary Rule

Thursday, April  6,  2017

As you are likely aware, the Department of Labor proposed a delay to the Fiduciary Rule on March 1, 2017 in response to President Trump’s Executive Order. On April 4, 2017, the DOL made their final rule public and have delayed the applicability date to June 9, 2017. It will be published in the Federal … Continue reading

Proposed Regulations Allow for Permitted Uses of Plan Forfeitures in a 401(k) Plan

Tuesday, February  14,  2017

On January 18, 2017 the IRS issued proposed regulations that allowed for permitted uses of plan forfeitures in a 401(k) plan. Under these proposed rules, “Qualified Nonelective Contributions, or QNCEs and “Qualified Matching Contributions” or, QMACs would be amended to allow plan sponsors to use amounts held in the plan’s forfeiture account to fund QNCEs, … Continue reading

The fate of the Fiduciary Rule

Thursday, February  9,  2017

As you may know, on Friday, February 3, 2017, President Trump signed a memorandum directing the Department of Labor Secretary to undertake a new “economic and legal analysis” to evaluate the Fiduciary Rule. To the extent that the new analysis reveals any issues, the Labor Secretary is directed to publish for notice and comment a … Continue reading

Seven Common Mistakes That Could Trigger a DOL Audit

Tuesday, April  19,  2016

Here are some great tips on how to avoid a DOL audit from the UBA Blog: Not many things incite more fear than receiving a notice that you’re about to have an audit, especially from the Department of Labor (DOL). The DOL is a cabinet-level department of the U.S. federal government responsible for occupational safety, … Continue reading

DOL Announces New Fiduciary Rule

Friday, April  8,  2016

On April 16th, the Department of Labor provided the long awaited revision to the fiduciary definition in the Fiduciary Rule.   The new rule has been debated for many months and clarifies what is considered fiduciary advice.  Under ERISA, a fiduciary is defined as someone who exercises discretion as to the management of a plan, someone … Continue reading

Innovative Investment Fiduciaries Guest Presenters

Monday, September  22,  2014

On Tuesday, September 16th, Innovative’s Matthew Bernstein, Qualified Plan Consultant, and Mark Sulpizio, Managing Partner were asked to speak at MID Jersey Chamber of Commerce’s quarterly NPEC (Non-Profit Executive Council) meeting in Hamilton New Jersey. The presentation focused on the impact of the Department of Labor’s 408(b)(2) qualified plan fee disclosure regulations on plan sponsors … Continue reading

What Does July 31st Mean To You?

Monday, July  14,  2014

Form 5500 With the exception of government plans (including most public schools) and many church plans which are exempt, plans on a calendar year that must comply with ERISA must file Form 5500 by July 31st. This form is part of ERISA’s overall reporting and disclosure framework, which is intended to assure that employee benefit … Continue reading

Have You Registered for Our July 15th Lunch Event in Cherry Hill?

Sunday, July  6,  2014

Are your employees getting their fair share? In 2012, the DOL issued new disclosure regulations requiring service providers to disclose the services provided and fees charged to retirement plans. Recently, the DOL has commented that the new regulations have not produced the desired effect, that plan sponsors review the disclosures and act to ensure that … Continue reading


Fill out the form and we'll get back to
you as soon as possible.

Full Name*

Email Address*

Company Name

Phone Number



Innovative Benefit Planning L.L.C.