Evolution of Your Control Environment During a Global Pandemic

Current uncertainty continues to evolve, making it difficult for organizations to evaluate the impact on their control environments. As companies move to remote operations, or need to modify their workforce, an assessment over the control environment is required to  determine if it is operating as it had been prior to the rapid changes.

What Plan Sponsors Need to Know About Layoffs and Partial Plan Terminations

Based on IRS rules, a partial plan termination can occur if approximately 20 percent or more of plan participants are terminated by the plan sponsor as a result of an action, such as a plant closure, a decision to downsize, or the termination of a product line. The reduction can accumulate over one or more plan years and still be classified as a partial termination.