Carefully Moving Forward: Retirement Plans
As small businesses emerge from pandemic operations and work to evolve, experts caution retirement plan sponsors to allocate time to review the plan design, benefits and services. Participant needs are changing—and plan design options are…
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Fiduciary Responsibilities: A Quick Refresh
As a retirement plan sponsor, you know you have a fiduciary responsibility to ensure that the plan functions in the best interest of participants, but what exactly does that mean? Here’s a quick refresher. A…
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Stuck in Traffic: Add It Up!
The cost of freight transport delays have been analyzed by the American Road and Transportation Builders Association (ARTBA). The conclusion? Yikes! Perhaps understanding just how painful the “chokepoints” along our interstate highways are will help…
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Big Construction in the Northeast?
It’s happening. Step by step, big infrastructure projects are hitting the schematic and pre-design phases. Dollars and budgets are lining up too. Valued at a total of over $132 billion, here are the top 10…
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No Sign of Stopping: ERISA Lawsuits
Experts warn that ERISA lawsuits are continuing at a rapid, “cookie-cutter” pace. In particular, there has been a rise in lawsuits against smaller plans. Plan sponsors, in addition to securing fiduciary liability protection, are advised…
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Annuities? Interest Is Growing
As employers across the country continue looking for ways to support the financial wellness of workers, interest in annuities is growing. In fact, a recent Blackrock survey found that 82% of plan sponsors are likely…
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Charity? Clarify Intentions!
The ongoing difficulties among the founding families of Boar’s Head hit home the important lesson of making our intentions official—legally—before we die. Privacy, Please? How much do you know about the people behind the Boar’s…
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Investing in Bonds
As we steer out of pandemic-induced social isolation, financial experts remind those of us who have been lucky enough to continue working and saving—to invest in bonds—the kind of social bonds we need in life—and…
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The Cost of Hidden Fees
A new study has revealed that the majority of 401k plan participants in small businesses are paying hidden fees. The impact to retirement savings is significant. Regulatory efforts have been stepped up. Here is what…
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