The Rosenbaum Law Firm Review - March 2019

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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How 401(k) Plan Sponsors Should Deal With Plan Enrollment/Education Meetings.

These meetings shouldn't be forgotten.

Plan sponsors are constantly inundated by articles and plan providers talking about issues dealing with administrative costs, fiduciary responsibility, and general compliance, that there is one topic that plan sponsors usually drop the ball on. It's the enrollment and plan education meetings that they either don't hold or put absolutely no effort into. The enrollment/education meetings are an important part of limiting a plan sponsor's liability when 401(k) investments are directed by plan participants....

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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.

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