Posts Tagged: plan sponsors

  401(k) terminology got you confused? Watch our easy explanation of three of the most confounding terms.

Retirement plan sponsors and fiduciaries should always look at any decision they make through the lens of ERISA law. That includes if and how to offer self-directed brokerage accounts (SDBAs) or “windows” as options for plan participants. Opening a brokerage window does not close the door on breach of fiduciary…

It’s not uncommon for plan sponsors to seek help fulfilling their responsibilities as plan fiduciaries. Especially with complicated and crucial duties related to administrative and investment oversight, plan sponsors can easily feel out of their depth and may prefer to call upon someone with knowledge and experience with retirement plans…

Oversight of investment fees remains one of the most important duties retirement plan sponsors must perform in order to fulfill their fiduciary duties. This responsibility is spelled out in ERISA law. “Reasonable compensation” to service providers is permitted, as long as the work they perform is done with the best…

As consumers, we usually see choice as a good thing. But there can be unintended consequences when there are too many choices. It is common to prefer to have a lot of options to consider when making purchasing decisions. Part of the reason for this is psychological. We fear making a…