Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Compass
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Size Matters: Do Your Fiduciaries Negotiate for Lower 401(k) Plan Fees?
Cohen & Buckmann, P.C. Jan. 3, 2017 "Fiduciaries of very large plans who wouldn't think of not haggling with a dealer over the price of a new car or a hotly negotiating a business deal have sometimes neglected to leverage their plan's size to negotiate lower 401(k) fees. The result is a sharply increased risk of being sued.... One of the biggest mistakes fiduciaries can make is starting off by simply accepting the service provider's form service agreements. Not only the fees, but other provisions of these agreements are negotiable." |
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