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Top 10 Mistakes Plan Sponsors Make: Mistake #9 – Loans

Top 10 Mistakes 401k Plan Sponsors Make – Mistake #9 – Loans. In our continuing countdown on the “Top 10 Mistakes 401k Plan Sponsors Make”, Washington Financial Group advisor Joe DeNoyior interviews Jewell Lim Esposito, an ERISA attorney with Fisher Broyles about the mistakes 401k and 403b plan sponsors make with their participant loan program.

What are the most common mistakes? What are the repercussions? What are the best practices? And should plan sponsors even offer loans?

If you allow loans and have questions about them you have to watch this engaging video.

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401k Plan Design to Improve Efficiency

401k Plan Design to Improve Efficiency      401k plan design will soon be able to contribute time-savings to plan retirement plan sponsors and fiduciaries. The Plan Design Panel was filled with great ideas during the 401kTV GENIE Awards held at ...