Managing & Optimizing Your Company’s Retirement Plan

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On Wednesday, October 30th PP&Co Audit Senior Manager Destiny Flood was honored to be invited to sit on a panel of experts at a half-day workshop detailing how plan administrators can best manage and optimize their company retirement plans. The workshop was held in the Student Union at San Jose State University and organized by The Plan Sponsor University (TPSU). According to their website, the TPSU offers a combined “online and in-person workplace retirement plan certification program for business owners, benefits specialists or other employer fiduciaries.” TPSA holds these half-day programs at colleges and universities across the country to bridge the gap in formal training available for those charged with managing 401(k) or 403(b) plans for their company or organization. These training programs are free of charge to attendees. Mark Laughton, a VP at Quintes (Bay Area retirement plan specialists) and local adjunct lecturer for TPSU, was also a panelist and initiated Destiny’s participation.

The panel discussion centered around the vast compliance aspects required for maintaining ERISA plans and the compliance fiduciary responsibilities. As the CPA panelist, Destiny provided valuable information regarding hot button issues such as eligibility, employee elective and employer contributions, timely payroll remittances, plan distributions and loan compliance.  Event attendees included  controllers, HR managers, and payroll managers for small and large organizations.

The topic was beneficial for companies who undergo ERISA audits (over 100 active employees); however, Destiny also discussed opportunities and advantages of having a CPA perform compliance reviews to help identify any potential compliance deficiencies.

Have questions about 401(k) and 403(b) plans or ERISA audits? Contact Destiny Flood at or (408) 287-7911.