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Even the least taxing audit can wreak havoc in your life, particularly if you're a sloppy record-keeper.
FORBES: Audits: The IRS' Big Stick
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Verisight, as record-keeper and administrator, confirmed that it accepted no revenue sharing from any mutual fund or product.
FORBES: Time For Workers To Demand The 401(k) Plans They Deserve: Here's A Model
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Initially we were disappointed that Vanguard, if hired as administrator and record-keeper to the plan, would not agree to fiduciary status in its contract.
FORBES: More Worries for Defined Contribution Plan Fiduciaries (August 31, 2006)
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But Fairchild, who was an observant plantsman and a meticulous record-keeper, was in a better position than the academic botanist to study the growth of plants in practice.
ECONOMIST: Of a practical nature
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If other non-proprietary mutual funds agreed to rebate or discount half or more of their fees to 401k plans, plan sponsors (assuming they were aware of the availability of revenue sharing-which is often not the case) would demand that mutual funds affiliated with the record-keeper offer comparable discounts.
FORBES: "Capping" 401k Revenue Sharing: Record-keepers Block Rebates To Participants (May 19,2008)
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Johnson took 5-26 and Gilchrist matched the world record of six catches for a keeper as India were skittled for 148.
BBC: Johnson left the Indians reeling with a devastating burst