2015 Retirement Summary Annual Report Now Available

The 2015 Summary Annual Report for our group retirement plan has been added to the HR intranet site. There is no action needed on your part; however, if you would like to review it, it is available under the HR forms and documents at https://intranet.brenau.edu/human-resources/forms-documents/.

For those not familiar with the report, the SAR is a narrative summary of the plan’s financial status and summarizes the information on the plan’s annual report, form 5500. It contains administrative expenses incurred by the plan, amount of benefits paid to participants and beneficiaries, total value of plan assets, and a pension plan’s compliance with the minimum funding standards.