Senior Management Engagement on the 401k Retirement Plan Committee
The Plan Sponsor University (TPSU) held a Fiduciary Education Program in Denver, Colorado at the University of Denver. Among topics discussed during the half-day TPSU Program was the benefit of having senior management engaged on the 401k Retirement Plan Committee.
At the conclusion of the TPSU Program, Fred Barstein, TPSU Founder and CEO, interviewed Jeff Schultz, Executive Vice President at a global building consultancy where they employ 225 building industry professionals.
The company executives recognize the benefit of having leadership and executive-level talent on the Retirement Committee. This is evidenced by the organization’s employee-retention statistics, recruiting efforts and the plan participation rate, at 98%.