By far, there’s almost universal agreement that 401k fiduciaries should be less concerned about investment performance than you might have seen a generation ago. Why is this so?
Tag "option"
If you’re a plan sponsor, it’s time to review how your plan measures up against these design elements. If you’re looking to become a plan sponsor for a new plan, consider whether or not you should include these design elements.
Keeping the investment option menu simple not only increases the odds employees will retire in comfort, it also helps reduce fiduciary liability for plan sponsors.
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 3/9/12
A sneak peek at the Coming Thing for 401k plans, major plan sponsors dramatically reduce investment options and How do you explain America’s love affair with such a poorly performing 401k option?