Prohibited Transactions defined in ERISA Section 406(a)

Section 406(a) states that a plan fiduciary may not engage the plan in an activity or transaction if he or she knows, or should know that the action directly or indirectly involves the: Sale, exchange, or lease of any property between the plan and a party in interest...

Paycheck

Payroll terms vary by state and country. Below is an extract from the Wikipedia encyclopedia “A paycheck is traditionally a paper document issued by an employer to pay an employee for services rendered. While most commonly used in the United...

PEO Industry Statistics

Here is some general information about PEOs NAPEO members report an average of 14 worksite employees per client company with an average gross pay per worksite employee of $19,659. – NAPEO 1997 Financial Ratio Survey Average annual cost of regulation,...

PEOs – One Response to Market Demands For Change

American business is undergoing fundamental changes in human resource management, and the PEO industry is one response to market demands. There are several factors driving the growth of the industry. First, over the last two decades, this nation has seen a significant...
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