In theory, 401k plans were always intended to be highly portable, but that’s not what happened. “Portability” only evolved to the extent that the most-attractive balances were picked off and rolled over to IRAs, and everyone else was left holding the bag.
Tag "Safe Harbor"
401k plan sponsors have a renewed focus on the three F-words of offering employee retirement benefits: Fiduciary, Fees, and Financial Wellness. Here’s how plan sponsors answer questions related to each of these three F-words.
Compliance test, plan sponsor fiduciary awareness, and the similarity between Paul McCartney’s grandfather and the future of mutual funds.
State pension implosion, a regulation without teeth, and the fee-value correlation.
Marketing fiduciary, yes, conflicted fees matter, and exposing Index Funds
The church rises as the state falls, fiduciary fireworks, and the coming investment civil war.
The government sting, the fiduciary misdirection, and the fee hook.
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.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 9/7/18
MEPs, Fees, and Leveling the ETF playing field.