Nyhavn Denmark

Fiduciary Safe Harbors

FIDUCIARY SAFE HARBORS  When declaring them in your ERISA plan be sure they are being followed Safe harbors are well known statutes provided to protect from liability those that that declare and implement them … properly. Unfortunately, we often see safe harbors in the plan documents yet in operation the plan is not adhering to […]

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Risky Business: Why Plan Governance Matters

Participant-driven lawsuits are on the rise, and employers are facing heightened scrutiny of the way they manage their retirement plans. In today’s continually-evolving regulatory and legal environment, it’s more important than ever to make sure your organization’s retirement plan is both effective and compliant. A well-structured retirement plan governance program can help you pursue these goals […]

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Plan Sponsor Guide: Understanding 401(k) Loans

Understanding 401(k) Loans The recent enactment of the Tax Cuts and Jobs Act of 2017 (TCJA) makes changes to 401(k) loan repayment options, which should prompt plan sponsors and plan administrators to re-evaluate their existing loan program, processes and procedures.  This article will provide an overview of the loan provision and offer a list of considerations […]

RPM Q2 2018_Blog Article_Benchmarking Your 401(k) Funds_Pulse Image

Benchmarking Your 401(k) Funds

Benchmarking is a retirement plan best practice that allows plan sponsors the opportunity to “take a peak under the hood” of their 401(k). The process allows you to compare your plan to similar plans, measuring key metrics such as participant saving and participation rates, fee reasonableness and service providers. Benchmarking should be a key part […]