Loan & Distribution Specialist AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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From DOL: 'Target Date Retirement Funds: -- Tips for ERISA Plan Fiduciaries' (PDF)
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] [Official Guidance] Feb. 28, 2013
3 pages. "[EBSA] prepared the following general guidance to assist plan fiduciaries in selecting and monitoring TDFs and other investment options in 401(k) and similar participant-directed individual account plans. [Topics include:] Establish a process for the periodic review of selected TDFs.... Understand the fund's investments -- the allocation in different asset classes (stocks, bonds, cash), individual investments, and how these will change over time.... Review the fund's fees and investment expenses... Inquire about whether a custom or non-proprietary target date fund would be a better fit for your plan.... Develop effective employee communications.... Take advantage of available sources of information to evaluate the TDF and recommendations you received regarding the TDF selection.... Document the process."
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