The Wrong Reasons For Changing Your 401(k) Plan Provider

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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Change can be a good thing, but sometimes it’s time. Change for the sake of change isn’t good either.There are many reasons why as a 401(k) plan sponsor you want to change a retirement plan provider for someone new, but it should be for the right reasons. This article is about avoiding some really bad reasons as for why you need to change a plan provider, whether it’s an ERISA attorney or third party administrator (TPA), financial advisor, or auditor.

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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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