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Plan Sponsors

The One Topic Every 401k Plan Sponsor Must Know Right Now: Fiduciary Education Curriculum (Part III)

    The One Topic Every 401k Plan Sponsor Must Know Right Now: Fiduciary Education Curriculum (Part III)

Most 401k plan sponsors will readily admit they are not experts when it comes to retirement plans. They understand they have a role in the process. They understand that role carries with it certain fiduciary obligations. They understand (and accept) that role also exposes them to liabilities. This article shows how prudent delegation can mitigate much of that fiduciary liability.

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The Meat and Potatoes Topics of 401k Plan Sponsor Training: Fiduciary Education Curriculum (Part II)

    The Meat and Potatoes Topics of 401k Plan Sponsor Training: Fiduciary Education Curriculum (Part II)

If we liken the “5 Critical Topics” to the skeleton and sinew of a plan sponsor’s fiduciary obligation, the “meat and potatoes” topics can be described as its soft underbelly. It is within the routines of these topics that plan sponsors live most dangerously. What are these next two topics and why is it important plan sponsors to dig deep into them rather than simply “read the headlines”?

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5 Critical Topics to Teach 401k Plan Sponsors: Fiduciary Education Curriculum (Part I)

    5 Critical Topics to Teach 401k Plan Sponsors: Fiduciary Education Curriculum (Part I)

These are fundamental in nature. They are necessary prerequisites for 401k plan sponsors to fully inculcate themselves with more complex topics.

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Tax Law Fallout Yields These Five Fiduciary Facts For Retirement Savings

    Tax Law Fallout Yields These Five Fiduciary Facts For Retirement Savings

With the final dust comfortably settling on this year’s tax season, we can know begin to put together the pieces of this new reality that may have plan sponsors and their service providers rethinking their long-held strategies.

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401k Plan Sponsors Are Asking For These Employee Educational Topics

    401k Plan Sponsors Are Asking For These Employee Educational Topics

There’s no question 401k plan sponsors know they need to up their game when it comes to employee education programs. According to one study, 80% of education programs on 401k offerings for employees are ineffective. Plan sponsors today seek solutions to better engage employees.

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Has New Tax Law Twisted Business Owners Best Interests When It Comes to Retirement Savings Plans?

    Has New Tax Law Twisted Business Owners Best Interests When It Comes to Retirement Savings Plans?

The Tax Cuts and Jobs Act preserved the sanctity of the treasured retirement contribution deduction – it even made it more important – but it also did a few things that might surprise some business owners.

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Will 401k Plan Sponsors Fall for These Over-Hyped Topics?

    Will 401k Plan Sponsors Fall for These Over-Hyped Topics?

A good fiduciary needs to see through the hype and base decisions solely on matters of import. This isn’t as easy as it sounds. For one thing, hype, like humor, works because it’s based on truth. This mantle of credibility is just enough to lead the fiduciary astray.

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Top 5 Challenges Too Many 401k Plan Sponsors Aren’t Aware of

    Top 5 Challenges Too Many 401k Plan Sponsors Aren’t Aware of

It’s safer to assume you don’t know everything – and here’s a list that begins to define that everything.

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7 Concerns on the Forefront of 401k Plan Sponsors’ Minds Right Now

    7 Concerns on the Forefront of 401k Plan Sponsors’ Minds Right Now

What if you were told the best way to calm your nerves was to be worried? Here are 7 reasons why this might be true.

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What Bagels, Loss Aversion, and Reframing the Company Match Can Show the 401k Fiduciary About How to Help Employees Save More Money for Retirement

    What Bagels, Loss Aversion, and Reframing the Company Match Can Show the 401k Fiduciary About How to Help Employees Save More Money for Retirement

If it is true the fear of loss motivates people more than the offer of a gain, then the traditional 401k company match framework is designed improperly. Currently, employees are promised a reward for contributing in their 401k plan. Think of this as the carrot urging people to save for their retirement. What if, instead of using a carrot, plan sponsors reframe the “match” in terms of a stick?

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