401(k) Plan Sponsor Tasks You Can’t Afford To Delay

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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There are so many things we try to avoid doing. It can be going to the dentist, taking time out for cleaning, or going out shopping at the supermarket. If we avoid going to the dentist and don’t care about the routine exam, you may develop bigger problems that could have taken care of earlier and with less pain. There are certain functions you have as a plan sponsor that you would like to avoid, but you can’t because you’re responsible as a plan fiduciary to get these things done. This article is important 401(k) plan tasks that you cant delay and if you do, it’s at your own peril.

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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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