How Do Plan Sponsors Protect Themselves?

With the exploration of private equity and other alternative investments in 401k plans underway, plan sponsors are confronting increased uncertainty and complexity as ERISA fiduciaries. Decision making errors in the face of duties like prudence and loyalty come with the...

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What Are The Cybersecurity Obligations of Plan Sponsors?

The Department of Labor obligates retirement plan sponsors to mitigate cybersecurity threats to plan assets and data, and provides specific guidance for doing so. Still, many retirement plan sponsors find it overwhelming to develop action steps, which is understandable in...

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Notifications: Plan Sponsor Responsibilities

When you sponsor a retirement plan, like a 401k, you are ultimately responsible for ensuring that participants receive all required information in a timely manner. This is true even if you outsource administration, including notifications to a third party: you...

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Avoid Autopilot: Pointers for Plan Sponsors

While third party administrators (TPAs) and other pension professionals play a critical role in successful 401ks, plan sponsors retain the ultimate responsibility for ensuring that the plan continuously operates in the best interests of participants. That’s why it is wise...

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Fiduciary Liability Insurance for Plan Sponsors

Fiduciary Liability Insurance protects plan sponsors and other fiduciaries who offer and manage a pension or retirement plan against claims alleging mismanagement of the plan.

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Retirement Plan Sponsor? 10 Points

Business owners who sponsor retirement plans are putting employees on the path to secure retirement—-clearly this is a great thing to do! Plus, sponsoring a retirement plan can benefit the business, and even draw talented and loyal workers. The rewards...

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Homework Season: Retirement Plan Sponsorship

Fall’s in the air, and that means homework’s spread out on the kitchen table. If you are a retirement plan sponsor, you’ve got homework too. Now’s the time to tune into details that might be in the way of greater...

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Mounting Pressures: Plan Sponsorship

With miles to go, 2025 has already been an eventful time for retirement plan sponsors. National risk management experts explore the complications confronting sponsors in this period of “shifting sands,”  and recommend strategies, solutions and tools to mitigate the risks. ...

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Red Flags for 84% of Retirement Plan Sponsors?

Analysis of nearly 800,000 Form 5500 filings reveals that the majority of retirement plan sponsors have at least one “red flag violation.” Since both regulatory compliance and fiduciary shortcomings are a very big deal under ERISA, plan sponsors will want...

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2025: Plan Sponsors Strategies 

Thinking into the year ahead, plan sponsors across the country are looking at expanding investment lineups, maximizing services and enhancing participant education. According to the 2024 Morgan Stanley Retirement Plan Survey, these are the three primary ways retirement plan sponsors...

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