High 401k fees drain savers, but 401k AI fee benchmarking cuts costs precisely, ensuring ERISA compliance and protecting participants.
Posts From Christopher Carosa, CTFA
Enter 401k AI fee benchmarking—a fiduciary lifeline that cuts through the haze with surgical precision. Why aren’t sponsors demanding this tool from their service providers?
401k plan sponsors may overlook key questions about TDFs, fees, and AI, risking ERISA violations. Discover how to safeguard your plan.
By proactively addressing these critical 401k plan sponsor questions, sponsors can enhance their plans, protect participants, and shield themselves from unnecessary fiduciary exposure.
Traditional 401k risk questionnaires may expose fiduciaries to liability by confusing participants’ retirement strategies. Learn why popular risk assessments can be misleading.
Here’s where the real disconnect kicks in: participants and pros don’t speak the same language on risk. Participants “feel” it. Meanwhile, advisers whip out rulers like standard deviation or some index, measuring volatility in neat little boxes.
Plan sponsors: Empower 401k savers to face volatility with confidence—how-to here!
Advisors do more than plot portfolios. They calm nerves, making them frontline warriors against volatility panic, turning “what if” into “we’ve got this.”
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For ERISA fiduciaries, the challenge is clear: move beyond the default, and design a 401k plan that truly serves the diverse needs of its participants. In doing so, you not only safeguard retirement incomes but also reinforce the trust placed in you by those relying on your expertise.
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