Noted ERISA attorney Ary Rosenbaum lays out arguments why 401k plan sponsors should be careful about hiring their payroll vendor to also administer their 401k plan. It should be ...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
Whether it’s because of avid media coverage, the rash of lawsuits, low returns or DOL disclosure regulations, DC Plan fees are becoming the major driver for defined contribution (DC) ...Read More »
With interest rates low, mergers and acquisition activity is brisk even for smaller and middle market companies. Sometimes overlooked in the mergers and acquisitions process are the retirement plans ...Read More »
Changing DC Record Keeper At a TPSU program held at Marquette University, the HR manager of a 100-person company describes how company approached changing DC record keeper gave them ...Read More »
Many HR people inherit their current plan advisor or pick someone because they are a friend of a friend or, even worse, related to a senior executive. That advisor ...Read More »
What should you expect from your defined contribution (DC) plan advisor and how much should you pay? Seems like simple questions but they are not. And get it wrong ...Read More »
DC Plan Sponsors Are Focusing on Fees Fees are front and center for sponsors of defined contribution (DC) plans like 401ks and 403bs according to a survey from Cogent ...Read More »
Most companies with 50-10,000 employees hire a financial advisor to help with their defined contribution (DC) plan but few know what to expect or how to hire the right ...Read More »
Fees continue to be an issue for 401k plans with the latest Wall Street Journal article (subscription required) citing plans by larger companies to move away from revenue sharing. ...Read More »
Working with local, qualified TPAs (third party administrators) has become the most popular service model for smaller defined contribution (DC) plans but not all TPAs are created equally with ...Read More »