Santa Barbara, CA (May 6, 2015)

According to the IRS, 2 out of 3 compliance errors in 401(k) plans are committed within the payroll process.

The reason is simple. The payroll department is often overlooked in receiving the training and tools necessary for managing this complex area.

Payroll Essentials For The 401(k) Plan is a comprehensive guide with practical tools and training to manage and prevent 401(k) administration mistakes that can lead to IRS audits. This book is a one-volume desk reference written in plain English. It contains easy to understand and ready to deploy practical guidance regarding the internal payroll administration of a company’s 401(k) plan. While written for the perspective of the payroll department, it is a valuable resource for anyone tasked with administering their company’s 401(k) plan, including HR professionals, business owners, trustees and 401(k) fiduciaries.

With 35 years of 401(k) administration experience, author Barbara Klein has mastered the ability to explain complicated material in a very clear, concise and easy to understand manner. Her latest book, Payroll Essentials For The 401(k) Plan, explains the essential 401(k) tasks handled within payroll departments. Klein says, “A company’s 401(k) plan takes teamwork to operate and administer. This book was written to guide those responsible for processing the employee’s 401(k) contributions and loan payments, focusing on how to avoid easily preventable mistakes that can lead to IRS audits, penalties and even plan disqualification.” This is the second book in Klein’s well received Essentials series.

Payroll Essenials 3D Book

This book is unique because it explains the ABC’s of operating a 401(k) plan from the payroll department’s perspective. Thorough and easy to read, it provides the “essentials”. Training, procedures, forms, calendars and checklists needed to ensure plan compliance with IRS and DOL regulations are included in the book. “The increasing complexity of IRS and DOL regulations has created a maze that makes administration of retirement plans difficult for even the most experienced of professionals” notes Ken Simmons, former EVP of SunGard Relius.

Both Payroll Essentials For The 401(k) Plan and 401(k) Essentials For The HR Professional are available on-line from: or Amazon.

“Payroll departments are often the last to know when changes affect the company’s 401(k) plan. It is time to acknowledge the payroll department’s important role and give them the tools they need. Let’s fix this problem. Payroll specialists need the right tools at the right time to effectively meet their responsibilities in the 401(k) plan administration process”, says Klein.

About 401k Essentials

401k Essentials is the leading resource for HR, payroll, employers, financial and investment advisors, fiduciaries or anyone with the need or desire to better understand the operation of a 401(k) plan. The Essentials series and are the go-to resources for understanding and managing the complexities of 401(k) administration.


Philip McFadden, 805-568-1710 ext. 104 or

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