What exactly is a prudent expert? With respect to investments, the fiduciary is responsible for selecting and monitoring the investment alternatives that are available under the plan.
A retirement plan may have one or more fiduciaries who have distinct responsibilities, though many individuals and committees may serve in multiple fiduciary roles.
Retirement plan committees can help plans function more efficiently and effectively. They aren’t a requirement under ERISA, though many organizations choose to establish committees for…
A full two-thirds of employees don’t receive guidance on managing their retirement plan benefit while offboarding. Leaving 401(k) or 403(b) balances behind can result in…
For those of you with calendar year plans, you’ve likely started receiving messages from your recordkeeper or TPA to submit your compliance testing data for…
By Bonnie Treichel Chief Solutions Officer Endeavor Retirement (as excerpted from The Compass Newsletter, published on 12/29/22) Congress brought holiday cheer to savers,…
