Investment Advisory

Compliance Assistance

The administration of a defined contribution plan doesn’t end with good design. It is the plan sponsor’s responsibility to comply with all rules governing defined benefit plans. These rules are in place to ensure equitable treatment of all plan participants and to avoid abuse of the plan’s provisions.

Cowden Advisers has extensive experience in compliance testing and can help a plan sponsor to comply with all regulations for 401(k), 403(b), 457 and similar plans. We can also correct failed compliance tests, avoiding substantial penalties and possible disqualification of the plan's tax-exempt status. Alternatively, Cowden Advisers can help plan sponsors design their defined contribution plans with safe-harbor provisions in mind, allowing them to skip compliance testing altogether.