TOP
Experts in Personalized Retirement Plan Design & Administration

5 Actions Can Make or Break Your 401(k)

The devil is in the details—this common phrase couldn’t be more relevant than it is in the context of successfully managing a 401(k) plan. And this is where plan sponsors rely most heavily on the guidance and continued involvement of their plan consultants—to seamlessly coordinate back office functions and day-to-day operations.  To that end, consultants should play a pivotal role in the following key activities and areas of focus. Source: 401kspecialistmag.com 

5 Actions to a Successful 401(k):

  • Choose the right 401(k) provider
  • Living the investment policy statement
  • Keeping current and maintaining plan focus
  • Creating and maintaining a fiduciary binder
  • Following-up with plan participants

In summary, plan consultants that are frequently touching base with Plan Sponsor’s and their participants will likely have the greatest opportunity to enhance a plan’s health.

Click here to read the full article

5 Actions

5 Actions

 

 

 

 

Share This!
WordPress › Error

There has been a critical error on this website.

Learn more about troubleshooting WordPress.