Retirement Plan Committee Helps Manage Fiduciary Responsibility Retirement plan committee meetings on a periodic basis will help fiduciaries to make prudent decisions.  The retirement plan committee should operate according ...

401k Committee Members Can Impact Employee Retention with Flexibility and Work Life Balance 401k Committee Members often have a favorable impact on employees’ interests in staying with an employer. ...

401k Plan Committee Names Should be Descriptive of the Responsibility 401k plan committee names can cause additional stress for retirement plan fiduciaries.  The Plan Sponsor University (TPSU) held a ...

Financial Wellness Program is Improving Retirement Plan Outcomes Employees are looking toward implementing financial wellness programs to improve participant outcomes because Americans are woefully under-saving for retirement.  Employers are ...

Are Your Vendors Fiduciaries? Why Does It Matter? Ask The Lawyer by Carol Buckmann Using non-fiduciary plan providers for services or investing may cause a plan committee to assume ...

Maximizing 401k Retirement Committees.  At a TPSU program held at SMU in Dallas, the senior retirement benefits manager at a 15,000-employee company explains what happens at their retirement committee ...

401k Lawsuit Demonstrates the Need for Solid Documentation. Lawsuits around the handling of 401k plan assets have become almost commonplace for plan sponsors, plan providers and plan fiduciaries.  Every ...

The Value of a 401k Retirement Committee: Who’s On First? by Ilene Ferenczy Zach is the head of HR for a mid-sized company and is responsible for the 401(k) plan’s ...

  Retirement Plan Committees that Display Bad Behavior May Pay the Price. Many companies use a Retirement Plan Committee structure to oversee the tax-qualified retirement plan. The knowledgeable plan sponsor ...

Late Deferral Deposits:  A DOL Hot Spot by Ilene Ferenczy Situation:  Jonathan, the head of his employer’s Retirement Plan Committee, makes sure that the salary deferrals removed from the ...