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Webinar
Common Errors and Their Corrections in Employee Benefit Plans
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Event Overview

This webinar will provide an overview of common errors in employee benefit plans (EBPs), including:

  • Eligibility errors
  • Contribution errors
  • Plan loan and withdrawal errors
  • Plan document failures
  • Investment mistakes

Attendees will learn how to identify these errors using audits, employee feedback, and administrative reviews. We will then explain the steps necessary to correct these issues using tools like the DOL’s Voluntary Fiduciary Correction Program and the IRS’s Employee Plans Compliance Resolution System. Best practices for avoiding common pitfalls will be shared to help ensure ongoing compliance.

Date and Time
Tuesday, December 2
12 - 1 p.m. CT
Location
Online (Webinar)
Cost
Free
Contact
webinars@eidebailly.com
Learning Objectives
  • Identify common employee benefit plan errors.
  • Examine correction programs offered by the IRS through the Employee Plans Compliance Resolution System (EPCRS).
  • Determine which errors are eligible for self-correction.
  • Discuss the Voluntary Correction Program (VCP) process and expectations when submitting an error through the formal VCP program.
  • Explore typical reportable findings identified in 2024 employee benefit plan audits.

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