I’ve been an ERISA attorney for 22 years, so I’ve dealt with 401(k) plan sponsors in different industries and different sizes. While there are many types of sponsors, there are underlying human nature characteristics such as attitudes that really can dictate whether a plan sponsor will land in trouble or not. When it comes to 401(k) plan sponsors, there are certain attitudes that I’ve seen that will land a plan sponsor in trouble, so this article is all about the attitudes you should avoid.
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