Common Mistakes HR Leaders Make with 401(k) Plans — and How to Avoid Them

Saijelle17 Jun, 2025Other

HR leaders often mishandle 401(k) plans by overlooking plan documents, missing compliance updates, misdefining compensation, delaying contributions, and ignoring required notices and testing. This guide highlights these common pitfalls, outlines corrective actions and IRS/DOL programs, and offers practical steps for avoiding costly compliance errors for smoother plan administration.