- Have any plan amendments been adopted or become effective for the year under audit, or after the plan's year-end?
- Have there been any changes in plan status (e.g., mergers, spin-offs, partial terminations)?
- Is there any intention to terminate or change the plan?
- Has there been a significant adverse change in the sponsor's financial condition?
- Has the plan sponsor had any communication from its auditors regarding material weaknesses or significant deficiencies in the sponsor's internal controls?
- Have there been any significant changes in the workforce during the year under audit?
- Have there been any changes in investment policies or practices?
- Have there been any regulatory reviews, enforcement matters, investigations, or litigation?
- Have any non-exempt transactions (e.g., non-timely remittance of employee contributions) or events or activities that could cause loss of tax-exempt status (e.g., violations of any law or regulation or plan provisions) been identified either during the year under audit or in the past?
- Is there any pending or threatened litigation against the plan?
- Have there been any participant complaints?
- Are there any significant transactions with parties-in-interest?
ISM Insurance upcoming events that might interest you:
Long Term Disability: Issues and Solutions
Free Webinar!
Date: Tuesday, March 9, 2010, 11 a.m. EST
New e-Book! The Nuts and Bolts of Designing Employee Benefits Programs for Private-Independent Schools is available at no cost to our e-Letter reader community. Send Martin Kelly, ISM President of Insurance, an e-mail request to receive this new interactive PDF in a CD format.
