February 23, 2021
The qualified default investment alternative (“QDIA”) is arguably the most important investment in a plan’s investment menu. By far the most often selected QDIA investment is […]
January 26, 2021
An ounce of prevention is worth a pound of cure. This saying is universal and certainly applies to fiduciary responsibility. Beginning the year with an eye […]
January 26, 2021
The coronavirus relief includes a “temporary rule preventing partial plan terminations” for plan sponsors of defined contribution retirement plans. The provision specifically states, “A plan shall […]
December 23, 2020
Department of Labor (DOL) enforcement recoveries are on the rise. A recent DOL report indicates that DOL recoveries have doubled since 2018 and tripled since 2016. […]
December 23, 2020
Yes! The primary purpose of a committee charter is to document overall plan governance. It is not dissimilar to how your Investment Policy Statement (IPS) acts […]
December 23, 2020
Your employer provides you with a retirement plan for you to save money in, tax-deferred, for the day you bid your career farewell and enter into […]