Internship Affiliation Report on 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 DataPath Ltd. to have a commonsense presentation. 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 USA government always try to make sure their people secure retired life. If a participant follows the IRS & DOL rules and regulation and maintain a retirement plan it helps them to reduce Tax of their organization’s income profit. 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, Checking Enrollment kit, Tagging the plan document and many other activities. I have additionally done some other important exercises like checking records, Project plan document print and reports. I faced some difficulties that I have watched and recognized, for example- server issues etc. During these four months of internship, I have learned a lot about the practical activities of the US retirement plan industry