Plan Sponsors balance numerous responsibilities and staying informed about the trends and regulations that affect your plan can be a daunting task. We created this series of on-demand videos so that you can learn what you need to know at your convenience.
Best Practices for Conducting Effectual Plan Committee Meetings Featuring: Todd Hughes, J.D., Director, ERISA Services In this 30-minute webinar we’ll share several strategies for how to effectively conduct committee meetings to ensure proper care is given to the oversight and monitoring of the plan. Focus will be placed on the types and frequency of activities that provide optimum due diligence as well as how meetings should be memorialized for potential audits.
How to form effective retirement plan committeesFeaturing: Todd Hughes, J.D., Director, ERISA ServicesForming a retirement plan committee sounds simple, but there are several best practices you should consider – some of which may surprise you. This presentation will offer tips on how to determine who should be appointed to the committee, as well as how to establish the committee, what the group’s objectives should be and lastly, how to formalize this structure in writing.
Facing personal liability? If so, then you are a fiduciary!Featuring: Todd Hughes, J.D., Director, ERISA ServicesDid you know that fiduciaries are personally liable for the decisions made – or not made – for their company’s retirement plan? This 30-minute video will address how to identify whether or not you are a fiduciary, what your fiduciary responsibilities are, and how to reduce the risk associated with fiduciary status. Not only will you gain clarity on these topics, but you may leave feeling like you watched a Jeff Foxworthy sketch titled, “You might be a fiduciary if…”!
Monitoring your vendor? Critical success elements you need to know.
Featuring: Chris Thixton, QPA, Director, Vendor ServicesMonitoring plan investments gets a lot of attention – and rightfully so; however, monitoring a plan’s vendors is critical as well. Because the industry is constantly changing, it’s hard to know where to start and what to monitor on an ongoing basis. This session focuses on key vendor monitoring aspects critical to a plan’s success including services, investment platform flexibility and fees.
Avoid Fiduciary Risk with Key Guidelines for Plan Committee Structure
Featuring: Chase Tweel, J.D., LL.M., ERISA AnalystThis is not simply another presentation on the basics of ERISA Fiduciary law. This is a practical workshop intended to help plan sponsors design and implement governance structures for their retirement plans that may result in:
• Enhanced plan administration
• Optimal allocations of fiduciary responsibilities
• Compliance with ERISA and plan documents
• Mitigation of personal liability for plan fiduciaries and key employees
Everyone Makes Mistakes: A Review of Common Plan Failures and CorrectionsFeaturing: Chase Tweel, J.D., LL.M., ERISA Analyst
Even well run plans are likely to encounter a plan failure from time to time. The consequences can be serious; however, understanding the gravity of a plan failure penalty can enhance administrative performance. This live webinar will highlight the impact of plan qualification, types of plan failures including plan documents, operations and demographics, and how to correct them in a responsible manner. Additionally, common administrative mistakes will be highlighted.
Money Market Mutual Funds: Implications of the European Debt CrisisFeaturing: Dave Richards, CFP®, Former Director of Investment ServicesTypically, money market mutual funds are seen as extremely secure investments. However, after the financial crisis in 2008, the Dodd-Frank Act was signed into law to prohibit the U.S. government from bailing out failed investments. In reaction to the same crisis, but pertaining specifically to money market mutual funds, the SEC imposed new regulations. We’ll determine what risks the European Debt crisis coupled with these new regulations poses to money market mutual funds.
Retirement Readiness: Is your plan getting employees to a better retirement?Featuring: Cody Mendenhall, CFP®, Manager, RetireAdvisers®Studies show that Americans are not prepared for retirement. We hear about “retirement readiness” regularly in the media, but what does it really mean? And more importantly, what is our responsibility to help participants prepare for it? To help answer these questions we’ll do a historical review to understand how we’ve arrived in the state we’re in and we’ll explain what we intend to do to solve the problem.
An ERISA Foundation: Laying the Groundwork for Successful Fiduciary Oversight
Featuring: Marina Wiley, QPA, Former Director of ERISA Services and Chase Tweel, J.D., LL.M., ERISA AnalystUnderstanding the framework of the Employee Retirement Income Security Act of 1974 (ERISA) is essential to knowing what your fiduciary responsibilities are. A basic knowledge of ERISA and familiarity with its history and complexities help ensure successful retirement plan oversight by minimizing risk and exposure.
Target Date Funds: Guidance for Fiduciary Prudence
Featuring: Dave Richards, CFP®, Former Director of Investment ServicesTarget Date Funds (TDF) have become wildly popular in Qualified Retirement Plans, but are they the best option for your retirement plan? Explore the fundamentals of Target Date Funds to determine if TDFs are right for your retirement plan, and if so, what you need to evaluate in order to make a prudent selection.
Fee Disclosure Regulations: A Practical Guide for Plan SponsorsFeaturing: Chase Tweel, J.D., LL.M., ERISA AnalystThe new regulations require plan sponsors of participant directed individual account plans to adhere to new disclosure requirements. In this Webinar, you will learn what you need to know to comply with the new “transparency” rules that pertain to Form 5500 Schedule C, 408(b)(2) and 404(a).