Beware pitfalls of pooled-employer retirement plans

Employers offering company-sponsored retirement plans often rely on third-party advisors for expert guidance on plan provisions, investment choices and overall plan governance to ensure the plan aligns with the best interests of both the company and its employees. However, issues can arise when these advisors fail to provide recommendations tailored to the employer’s specific needs […]

Avoid common mistakes with defined contribution employee retirement plans

Many employers offer retirement benefits, including 401k defined contribution plans. It’s important employers know their fiduciary duties and the implications that can occur if a plan isn’t properly administered. If a plan isn’t administered according to Division of Labor and Internal Revenue Service guidelines or internal plan documents, your plan could be at risk. Employers […]