Things That 401(k) Plan Sponsors Are Supposed To Do, But Aren't Doing Anyway.

So many things they should be doing, but aren't.

There are so many things in life that we're supposed to do, but we don't. Flossing teeth and gums are probably at the top of the list, along with drinking 8 cups of water daily, plus eating lots of fruits and vegetables. If we don't do what we're advised to for our health, it's on us. For 401(k) plan sponsors, not doing what you're supposed to do is a big problem be- cause you're a plan fiduciary and that might incur liability. This article is about things you should be doing as a 401(k) plan sponsor, but you're probably not doing anyway....