For plan sponsors subject to annual retirement plan audits, the audit process can feel intimidating. Many sponsors worry that an audit will uncover problems that reflect poorly on their organization or create regulatory trouble. In reality, audits often se...
Many plan sponsors believe that once they hire a recordkeeper, TPA, or investment advisor, their fiduciary responsibilities are largely taken care of. While service providers certainly help manage the plan, there is one fiduciary duty that plan sponsors can n...
Many plan sponsors assume that once a retirement plan is established and service providers are hire...
Plan sponsors are busy people. Running a business involves managing employees, customers, vendors, ...
I can’t tell you how many times I hear this from plan sponsors: “The plan is fine. No one’s c...
Nobody brags about changing the oil in their car. It’s not exciting. It doesn’t generate applau...
I like bagels as much as the next person. But breakfast meetings do not equal fiduciary protection....
Many employers view their 401(k) plan primarily as a tax deduction. The company makes contributions...
One of the biggest misconceptions plan sponsors have is that their 401(k) plan runs itself. Many em...
Benchmarking is often treated as a formality, something sponsors do to check a box. That mindset ov...
