HR Glossary

What is 401(k) Compliance?

Adherence to IRS and Department of Labor regulations governing employer-sponsored 401(k) retirement savings plans.

Why it matters in hiring

401(k) Compliance comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with #

• 360-Degree Feedback
• 360 Feedback
• 4-Day Work Week
• 401(k)
• 403(b)
• 70-20-10 Learning Model
• 90-Day Plan

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.