In today’s organizations, many employees are asked to take on multiple roles and responsibilities. This is especially true when considering the management of a corporate retirement plan. To better understand what role each person plays in the management of a 401(k) (or any other corporate retirement plan), we have to understand what roles there are to play.
The 2018 Pension Focus Conference, sponsored by Pension Consultants, Inc., is a don’t miss event featuring expert speakers on the topic of retirement plan performance. Designed specifically to educate retirement plan sponsors and fiduciaries working with corporate sponsored retirement plans on how to deliver a top-performing plan, Pension Focus has been equipping attendees for more than 20 years.
July 2018 Update:
When you’re a fiduciary of a retirement plan, understanding the basics of plan administration is one of the most critical and essential functions of your duties to oversee the plan. Below you will find information on how your plan design defines three basic compensation types that you should be aware of.
Having confidence that your plan meets compliance standards gives you the opportunity to spend your time focusing on plan performance in high impact areas, such as providing an outperforming investment lineup, lowering plan fees, and improving your workforces’ retirement readiness. Continue reading