When it’s Time to Fire Your Retirement Plan Providers

Ary Rosenbaum
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Whether it’s a business or personal relationship, we start with the best of intentions that it will last a long time. Unfortunately, some relationships need to end and you need to recognize it and the courage to end than rather prolong something that is no longer good. As a retirement plan sponsor, you have to recognize when to end relationships with your plan providers because prolonging these bad relationships will only increase your potential liability as a plan fiduciary. So this article is about when you should fire your retirement plan providers.

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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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