Compass
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Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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The Dangers of a Do-It-Yourself Retirement Plan
Benefit Recovery Inc. Apr. 11, 2013 "[When using an] [i]nvestment company 'bundled' plan ... You are limited to the investment options available under that one company's menu of options. Fees charged on the investments under management are used to offset administration expenses. Data submitted to the company about your employees and their contributions is considered to be accurate. Most will not review that data for accuracy. The plan sponsor must review all reports for accuracy to confirm that the investment company's reports tie out to their corporate records. Plan design options are often limited. Bundled providers do not provide ancillary services such as representation in IRS or DOL audit." |
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