401(k) Errors That Suggest It’s Time For a Plan Provider Change

more+
less-

In the last few election cycles, we have heard a whole lot about change. We heard about the need for change and change we can believe in. Regardless of your political persuasion, there are certain plan errors when 401(k) plan sponsors should consider change and that change is a change of their plan providers. The change isn’t required, but plan providers should use it as a time to evaluate the competency of the plan provider in question because even if the error is completely the fault of one or more providers, the plan sponsor and the trustees are still responsible for these errors as plan fiduciaries. Enclosed is a list of 401(k) errors that should get the plan sponsor to consider making such a change.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ary Rosenbaum, The Rosenbaum Law Firm P.C. | Attorney Advertising

Written by:

more+
less-

The Rosenbaum Law Firm P.C. on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×