Every year it is important for 401(k) plan administrators to review the requirements for their plan’s operation. This annual review is a “best practice” that is often overlooked, but could save you time, money and headaches in the coming year. The IRS has published a very helpful checklist to help you keep your plan in compliance with many of the important rules. This tool helps you to find, fix and avoid the 10 most common mistakes that plan’s make. We recommend you set aside a few hours before the end of the year to complete the checklist. Your friends at K Financial are happy to help you with this if you can not fit it in before year end. Click here for the IRS 401(k) Plan Checklist