Simple Concepts 401(k) Plan Sponsors May Not Be Aware Of

Ary Rosenbaum
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As a child, I was never taught the birds and the bees. I was handed some cartoon book from my parents when I was young. My parents thought it was hilarious that they had to hand me a book about where I came from even though I had already guessed right. As a 401(k) plan sponsor, you’re always on the end of a sales pitch and you may not understand some basic, eye-opening concepts about your 401(k) plan. While I don’t have a cartoon book for you to understand your role as a 401(k) plan sponsor, this article will make you understand some interesting concepts that you had no idea of until you read to the end.

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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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