One of the most fundamental requirements in managing a qualified retirement plan is counting an employee's length of service. There are several different methods for counting service, each with certain advantages and disadvantages depending on how the Plan Sponsor runs his or her business.

Our February Newsletter from Benefit Insights explains the different methods for determining service and the reasons why counting service matters.

Read the full newsletter: At Your Service

The Retirement Plan Company welcomes affiliated company, Miami Valley Pension as a division of TRPC. Dayton, Ohio based firm Miami Valley Pension, LLC has worked closely with The Retirement Plan Company for over six years to provide retirement plan recordkeeping with a high level of client care.

In July and October of 2010, the DOL issued regulations aimed at improving the transparency of fees and expenses associated with employer-sponsored retirement plans. The regulations issued in July – under ERISA section 408(b)(2) – create rules for disclosures made to plan sponsors by service providers, and the regulations issued in October – under ERISA section 404(a)(5) – establish a series of participant disclosures that must be made in plans that allow participant direction of investment.