Activities at Erisa Department of Datapath Limited
Abstract
During the last semester of Bachelor of Business Administration (BBA) program, I have done my temporary job at Data Path Ltd. to have a sound demonstration. The subject of my internship report is "Activities at Erisa Department of Datapath Limited."
In the beginning part, I have mentioned some sub-parts-method of reasoning where I have explained the significance and explanations for undertaking this report destination where I have expressed the motivations behind the report and foundation where I have examined about the depiction and history of the organization. The US government is very sincere and genuine about securing the right of the retired people and acquiring them financially in retired life. The retirement plan helps the employer to have tax savings on the profit of the organization if he maintains the plan according to IRS & DOL guidelines followed by the government. So organization outsources the activity to a third party organization which is also known as third party administrator. DataPath is an outsourcing company which processes the activities of a retirement plan.
I have done preparing Cycle 3 Restatement plan, Amendment, and Checking Enrollment kit. I have additionally done some other important exercises like checking records, print reports. I faced some difficulties that I have watched and recognized, for example, server issues and etc. During these four months of internship, I have learned a lot about the practical activities of the US retirement plan industry.
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