plan fiduciary
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Target Fund Dates: Surprising Facts
- January 29, 2020
- Posted by: Jeff Atwell
- Category: Financial Plan, Resources
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In 2006 the Pension Protection Act added Qualified Default Investment Alternative regulations, QDIA, to ERISA. One of the 3 QDIA alternatives a Plan Fiduciary could choose as a safe harbor investment is a Target Date Fund. As a result, the amount of 401(k) assets being deposited into Target Date Funds has increased substantially over the years.
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Inspiring Participants and Perceptions of Risk
- December 16, 2019
- Posted by: Jeff Atwell
- Category: Financial Plan, Resources
A key element in Defining a Retirement Plan Standard of Excellence is inspiring participants to save for retirement. Most participants do not have the time, knowledge, or inclination to make good investment decisions and emotions play an important role in the participant’s investment decisions. At some point there will be a test of the quality of the QDIA being utilized in the Plan. It is imperative Plan Fiduciaries devote time to properly evaluate the Plan’s QDIA or engage an expert to assist them in doing so.
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Plan Fiduciary Responsibilities and Risks
- June 27, 2019
- Posted by: Jeff Atwell
- Category: Financial Plan, Resources
Retirement Plan regulatory and document requirements can seem easy to follow, but our resource introduces very interesting fiduciary responsibilities and potential risks to plan Fiduciaries which may not often be considered.
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Ensuring Intelligent Plan Governance
- May 15, 2019
- Posted by: Jeff Atwell
- Category: Financial Plan, Resources
A key element in Defining a Retirement Plan Standard of Excellence is Governance. Plan Sponsors and Fiduciaries need to ask themselves how they can ensure that they have the time, knowledge, and expertise to properly implement and maintain the best practices associated with Plan Governance.
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Best Practices for Your Plan Fiduciary
- April 23, 2019
- Posted by: Jeff Atwell
- Category: Financial Plan, Resources
Governing a qualified retirement plan requires the plan fiduciaries to be able to understand and apply complex regulations found in the Internal Revenue Code and ERISA. We’re looking at a guide that you can use to be sure your plan fiduciary is following best practices while governing your plan.