Defined Contribution Plan Request for Proposal (RFP): The Benefits of Asking for Better Service. Defined contribution (DC) plans are not the highest priority for busy HR and finance managers ...Read More »
Arguably the most important decision that an employer can make when managing their companies Defined Contribution (DC) plan like 401(k)s is picking the right partner. These partners can include a financial advisor who acts like the company’s doctor, the record keeper and Third Party Administrator (TPA) as well as the money managers. Outsourcing fiduciary liability is a main motivation but the selection and monitoring of partners are inherently fiduciary functions.
401kTV Editors will help employers make better decisions on how to select the right partners through our series of articles, videos and white papers as well as 401kTV’s Advisor Directory.
LATEST Partners STORIES
Plan Auditors: Do Your Homework – Not All are Created Equal. The Department of Labor wants to make sure plan sponsors are doing proper due diligence when selecting a ...Read More »
Retirement Advisor Designations – What do they Mean to a Plan Sponsor? Retirement Plan Sponsors accept a monumental task when they agree to serve as plan fiduciaries to qualified retirement ...Read More »
TPAs – How 401k Plan Sponsors can Best leverage. 401k and 403b plan sponsors are often confused about the roles of third party administrators (TPAs), advisors and record keepers. Understanding the ...Read More »
IT’S AUDIT TIME–DO YOU KNOW WHERE YOUR PARTICIPANTS ARE? By Carol Buckmann “It’s their responsibility to notify us if they move, isn’t it? Why do I need to track ...Read More »
Retirement Savings for Ineligible Employees. During a Fiduciary Education Program delivered by The Plan Sponsor University (TPSU) at Villanova University of greater Philadelphia in Pennsylvania, Joe Wassel, Vice President ...Read More »
What’s the Role of a 401k Recordkeeper and Advisor? The roles and responsibilities of the various service providers are confusing to 401k and 403b plan sponsors. Those relationships are even ...Read More »
401k Request for Proposal: Best Practice Q&A Column Question to the RFP Expert: We recently completed an Advisor RFP and will soon meet with the top three Finalists in-person. ...Read More »
Fidelity Plan Sponsor Survey: Nearly 40% Seeking New Advisors. Retirement plan sponsors can reap many benefits from working with an advisor. And for the most part, the sponsors who do ...Read More »
Fees: 401(k) Services Market Heating Up. Yesterday, we wrote that the least expensive retirement plan fund option isn’t always the best. That goes for plan service providers, too. Fees are ...Read More »